Lum Chang wins $325m LTA contract for Tanah Merah MRT station
It's more than a third of its total order book to-date.
Lum Chang Holdings has secured a $325, contract for addition and alteration works to Tanah Merah Station by the Land Transport Authority of Singapore.
The scope of works includes constructing an additional platform and concourse, two additional entrances linked by an underpass, as well as track additions and viaducts.
Construction is expected to start at the end of 2016 and be completed in 2024.
The earnings for the contract will be recognised progressively according to stages of completion.
The contract brings Lum Chang’s total order book to $885m.