Jurong Town Corporation awarded the ‘Tuas Finger One’ reclamation project for to a consortium of Hyundai, Samsung, Penta Ocean, Van Oord and Boskalis. The total contract value is SG$960m (£450m) and the combined Van Oord/Boskalis share is approximately €100m (£79m).
It is expected that the majority of the 24.5 million cubic metres of sand required for this project will be supplied by long distance bulk carriers. In addition to the land reclamation work, the consortium will undertake dredging and construct 3.4km of quay wall.
Work is set to start within the next couple of weeks and will take until late 2018.