Lian Beng Construction, a unit of Singapore-based construction group Lian Beng Group, has won a $435M ($307.5M) contract from the Housing & Development Board (HDB) to build a multi-user industrial complex at Defu South area in Singapore.

The high-rise industrial complex at Kim Chuan Road will be known as Defu Industrial City. The project will also include the construction of a 66kV electrical substation and eight 22kV electrical substations for SP PowerGrid.

Ong Pang Aik, Lian Beng executive chairman, said: “Winning our largest ever construction contract is a key milestone for Lian Beng. We will continue to leverage on our track record to secure sizeable building contracts to further strengthen our order book.”

Construction work on the project is expected to start in the second quarter of 2017 and be completed within three years.

The new industrial complex is part of the HDB’s plan to redevelop Defu Industrial Estate into a ‘green and sustainable industrial park of tomorrow’. It includes the replacement of existing factories with new and modern industrial complexes.

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