HLA’s CEO Stephen Ho says in an interview with The Edge Singapore: “People are looking at alternative ways of construction to produce some of these apartments more quickly. The process also sits very nicely with the whole sustainability discussion that’s confronting a lot of players like ourselves.”
Hong Leong Asia (HLA) (SGX:H22
) , part of the sprawling Hong Leong Group, recently signalled a further commitment to its building materials business. In a 51:49 joint venture with Malaysia’s Sunway Construction Group, it opened Singapore’s largest integrated construction and prefabrication hub at Punggol Barat Lane.
This facility, the sixth in Singapore, can produce up to 100,000 cubic metres of precast components a year, which is enough to build 17 blocks of flats. For one, this will speed up the public housing construction programme.
