Fraser Centrepoint awards contracts worth S$774m

Singapore

FRASERS Centrepoint Limited (FCL) has awarded main contracts totalling S$774 million for the construction of two projects: Frasers Tower in Cecil Street and Northpoint City in Yishun Central. Both projects, to be built on 99-year leasehold sites awarded at state tenders, are slated for completion in 2018.

The contract for Frasers Tower, an office development, went to Hyundai Engineering & Construction Co for about S$287 million.

The Northpoint City contract, valued at S$487 million, was clinched by Lum Chang Building Contractors. This project will include the 920-unit North Park Residences, a 330,000 sq ft mall and a bus interchange. The plan is to integrate, upon approval, Northpoint City with the next-door Northpoint S…