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More construction firms taking on projects below cost

This is to keep their business running, justify sunk costs and channel cashflow to other projects

Published Fri, Jan 6, 2017 · 09:50 PM

Singapore

MORE construction companies in Singapore are taking on projects at thinning margins, often even below cost, just to keep their businesses running and to justify their sunk costs.

They also do this because they need the cash to flow through and finance their other current projects, according to Rider Levett Bucknall joint managing partner Silas Loh.

At the BCA-Redas Built En…

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