- Singapore’s construction sector is entering a new growth phase, underpinned by major infrastructure projects such as Changi T5 (S$5.75b in awarded contracts), Tuas Mega Port, and the Marina Bay Sands expansion. Falling material and labour costs are easing margin pressures, improving the profitability outlook for contractors.
- - Read this at SGinvestors.io -
Construction players poised to benefit from major infrastructure pipeline.
- The continuous investment in large-scale projects like the T5 expansion (S$4.75b out of total estimated S$12.5b awarded), Tuas Mega Port (S$20b investment), and Marina Bay Sands integrated resort expansion (around S$10.4b investment) provides a steady stream of high-value projects that Singapore companies can bid for or participate in via JVs.
Changi Airport Terminal 5 (T5) contract awards mark key infrastructure milestone.
- Changi Airport Group recently awarded S$5.75b in contracts for T5 —
- - Read this at SGinvestors.io -
- a S$3.8b substructure package to a China Communications Construction Company –Obayashi JV for the terminal and ground transport centre, and
- a S$950m airside infrastructure package to Hwa Seng Builder for remote stands, taxilanes and support facilities.
Sustainability a key focus.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Heidi Mo UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-06-23
