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Public works, en bloc projects to fuel 2018 building demand

BCA expects about S$26b-S$31b of construction contracts to be awarded this year, higher than in 2017

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Published Thu, Jan 11, 2018 · 09:50 PM
    Improving demand

    Singapore

    THE BUILDING and Construction Authority (BCA) on Thursday projected that S$26 billion to S$31 billion in construction contracts could be awarded in 2018, up from the S$24.5 billion estimated to have been awarded in 2017.

    The projected higher construction demand is due to an anticipated increase in public sector work, which is expected to grow from S$15.5 billion in 2017 to between S$16 billion and S$19 billion this year.

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