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Surbana Jurong enlarges footprint in Africa, sharpens design might

Published Wed, Nov 11, 2015 · 09:50 PM

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    Singapore

    SURBANA Jurong Pte Ltd on Wednesday announced two equity investments that will entrench its presence in Africa and ramp up its building-design capabilities.

    It is taking a 20 per cent stake in CITICC (Africa) Holding Ltd, a US$300 million investment platform launched by International Finance Corporation (IFC) and Citic Construction Co in May to develop affordable housing in sub-Saharan Africa.

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