Here are the five largest construction projects initiated in Singapore during Q2 2022, according to GlobalData’s construction projects database.
1. Resorts World Sentosa Expansion – $3,319m
The project involves the expansion of an integrated resort in Singapore.
Construction work started in Q2 2022 and is expected to be completed in Q4 2026.
The aim of the project is to increase the gross floor area of the resort by around 50%. Once complete, it aims to provide a distinctive purpose-of-visit tourism experience and will integrate with the future Greater Southern Waterfront and is expected to become the centerpiece of the new entertainment hub of Asia.
2. Tuas Biomedical Park New Vaccine Production Facility – $467m
The project involves the construction of a new vaccine production facilities at Tuas Biomedical Park in Singapore.
Construction work commenced in Q2 2022 and is expected to finish in Q1 2026.
The main aim is to produce innovative vaccines on a massive scale for Asia and respond to future pandemic risks. Also, it creates a unique vaccine production center that produces three to four vaccines simultaneously in Singapore, pushing the boundaries of operations through cutting-edge manufacturing and digital technologies.
3. Shaw Office Tower Redevelopment – $250m
The project involves the construction of a 32-story, 52,025m2 office building in Singapore.
Construction work started in Q2 2022 and is forecast to complete in Q2 2025.
The aim of the project is to redevelop the old Shaw Tower into a new office building.
4. Jurong Region MRT Line: Package-J113 – $200m
The project involves the construction of a Nanyang Gateway Station, Nanyang Crescent Station, and a 1.4km viaduct in Singapore.
Construction work commenced in Q2 2022 and is expected to be completed in Q2 2026.
5. West Hill @ Bukit Batok – $150m
The project involves the construction of a residential community with nine blocks ranging from 16 to 17 stories comprising 962 units at Bukit Batok.
Construction work started in Q2 2022 and is expected to be completed in Q2 2026.
The project aims to provide better residential facilities for people in the region.
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.