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Sun June 20 2021

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Bouygues wins €100m Singapore deal

12 Sep 13 Bouygues Construction subsidiary Dragages Singapore has won a contract to design and build a major residential complex in the centre of Singapore Island.

The contract, which is worth a total of €102m (£86m), has been signed with property developers CapitaLand Singapore Limited and Mitsubishi Estate Asia, partners in a joint venture.

The project, located in the Bishan neighbourhood, includes the design and construction of two 37-storey towers, which will house 694 apartments, a five-storey car park and a basement. The total floor area will be approximately 81,000m2. The complex will be certified Green Mark Gold Plus, one of the highest levels of the Singapore label evaluating the environmental impact and energy efficiency of buildings.

Work will get under way in late October and will last just over two and a half years, with handover scheduled for 2016. Some 600 employees will be working on site during peak periods.

Bouygues Bâtiment International chairman and CEO Olivier-Marie Racine said: “We are very pleased to have signed this contract and proud of property developer CapitaLand Singapore Limited’s continued confidence in Bouygues Construction. We have maintained a continuous presence in Singapore for some thirty years, and this gives us a strong commercial advantage.”

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