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Woh Hup and Obayashi Singapore joint venture lands S$1.57 billion contract for Project Jewel and Changi's T1 expansion
JEWEL Changi Airport Trustee (JCAT) and Changi Airport Group (CAG) have awarded a S$1.57 billion contract in a tender exercise to a joint venture company backed by Woh Hup and Obayashi Singapore for the construction of Project Jewel and the expansion of Changi's Terminal 1.
JCAT is the trustee manager of Jewel Changi Airport Trust, formed by CAG and CapitaMalls Asia, to jointly develop Project Jewel.
Construction works will begin by year end and Project Jewel, as well as the bulk of the expansion works for T1, are expected to be completed by end 2018.
Local construction firm Woh Hup has been involved in projects such as Gardens by the Bay, while Obayashi Corporation has a history dating back 120 years.
Yong Tiam Yoon, deputy chairman of Woh Hup, said: "Changi Airport is one of the leading air hubs in the world and we are honoured to be given the opportunity to be a part of the development of Project Jewel as well as the expansion of Terminal 1. The complexity of the works involved makes this a very exciting and challenging project and we look forward to a close partnership with the Project Jewel team and Changi Airport Group."
The contract includes the redevelopment of the 3.5 hectare open-air car park site in front of T1, which will give way to a larger arrival hall and more spacious baggage claim areas for T1. Parking and ground transport facilities at the terminal will also be improved with a five-storey basement car park and additional taxi bays.
Meanwhile, the facilities at the 1.4 million square foot Project Jewel will enhance existing services - with early check-in and other facilities dedicated to fly-cruise and fly-coach passengers - as well as retail, leisure and hotel offerings.