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Gridlock to goldmine: OKP Holdings cashes in on road ruckuses

Frankie Ho
Frankie Ho • 8 min read
Gridlock to goldmine: OKP Holdings cashes in on road ruckuses
One of the footpaths in Sengkang built by OKP / Photo: OKP Holdings
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Driving in Singapore can be annoying with roadworks plentiful everywhere. Carried out not only during the day but also at night, they often cause traffic to crawl as lanes are closed and detours multiply.

But while motorists grit their teeth, OKP Holdings (SGX:5CF) has found opportunity in the gridlock. The homegrown transport infrastructure and civil engineering firm is benefiting from robust demand for road construction and maintenance, with a steady stream of government contracts turning traffic snarls into a lucrative source of revenue.

OKP generated record revenue of nearly $182 million last year and had an order book of over $600 million as at the end of 2024, enough to keep it busy until 2027. It boasts a workforce of 960, about three-quarters of whom are construction workers.

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