OKP unit bags $92.9M contract for new cycling path networks

The unit expects to complete the project by 2025.

The Land Transport Authority (LTA) awarded Eng Lam Contractors, a wholly-owned subsidiary of Mainboard-listed OKP Holdings, a $92.9m contract to construct new Cycling Path Networks (CPN).

The project will create CPN in the western sector of Singapore, encompassing Clementi, Bukit Batok, Queenstown, and Jurong West.

Eng Lam Contractors will oversee the construction and completion of the new CPN.

The 18-month contract began on 18 April 2024 and is scheduled for completion by 2025.

With the addition of the CPN contract, OKP’s net construction order book reached a record high of $735.2m, with contracts extending till 2027.

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