With the group’s 10% stake in the JVCo, the contract will uplift the group’s order book of $684.6 million as at Dec 31, 2022 to $703.2 million, extending visibility till 2027.
Koh Brothers Eco Engineering (SGX:5HV
) announced that its wholly-owned subsidiary, Koh Brothers Building & Civil Engineering Contractor (KBCE), together with its joint venture partner, LBD Engineering, has secured a $186.0 million contract from the Housing & Development Board (HDB), for the building of the Kallang Integrated Development.
Under this contract, the joint venture company (JVCo) will be involved in the building of public housing, covered linkway along Lorong 1 Geylang, and road expansion works. In terms of facilities for this integrated development, the contract will include the construction of a child care centre, future communal facilities, and an environmental deck (including fire protection system for the bus interchange). In addition, the JVCo will be involved in the construction of a bus interchange, improvement works between the MRT station and the bus interchange as well as landscaping works.
