Boustead Projects bags $70 million factory deal

The facility will have a gross floor area of approximately 36,300 sq m.

Boustead Projects Limited has secured a contract worth over S$70 million to design and build an integrated advanced high-tech manufacturing facility in Singapore.

With a gross floor area of approximately 36,300 sq m, the Facility is expected to be completed by the second quarter of calendar year 2020.

Thomas Chu, Managing Director of Boustead Projects said, “With the capture of nearly S$600 million in contracts in just the past three months, our order book backlog is at over three times our average annual design-and-build revenue over the past five years.”

The latest contract has raised the Boustead Projects Group’s order book backlog to approximately S$741 million.