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Local players target regional construction wave
Despite the value of construction export projects constituting less than 5% of domestic contracts, a few local firms have surpassed the industry average
Architecture design & branding firm Ong&Ong made its first foray overseas in the 1990s, and 30% of its revenue comes from abroad today. Gold Coast (above), a mixed development, is one of the architectural projects undertaken by the firm in Indonesia in 2012.
'The only way is globalisation. We do not limit our ventures to the current markets. We are constantly prepared to provide services to all parts of the world.' - Tai Lee Siang, group managing director, Ong&Ong
Singapore
THE building and construction sector is not known for being export-oriented as it typically has its hands full with ongoing local projects. However, a handful of players are beginning to eye contributions from abroad - and some are even aiming to garner almost half their annual...
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