EUR400 Million Deal for Boskalis in Singapore

Image source: Boskalis

Boskalis has received a Letter of Award from the Housing & Development Board of Singapore for the development of a polder at the north western tip of Pulau Tekong.

The contract value for the joint venture with Penta Ocean Construction Company is approximately EUR800 million of which Boskalis’ share is approximately EUR400 million.

Boskalis and its partner will be responsible for building the required dike closures and reinforcement of the existing dike to create a 10 kilometers long dike, the drainage of the reclamation area and extensive dry earthmoving activities to create Singapore’s first polder.

Commenting this, Peter Berdowski, CEO Boskalis, said: “The award of this sizable project marks a historic moment. Our company has a rich heritage of building dikes and developing polders in the Netherlands, and the creation of this first polder in Southeast Asia is an important new milestone.”

“Over the past decades Boskalis has been active in Singapore reclaiming land enabling the country to grow. The use of polders however creates new opportunities to expand. Through this project we look forward to pushing back boundaries and demonstrating our global leadership position as dredging and marine experts.”

Construction works are set to start in the coming months and will take place over a 4 year time frame.

Share this article

Follow Dredging Today

Events>

<< Feb 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

Second Hydraulic Engineering Structures and Dredging Congress

The Congress will include the 6th International Dredging Forum …

read more >

4TH EUROPEAN DREDGING SUMMIT 2019

This event has varied programme, balancing the focuses in different disciplines of the industry…

read more >

22nd World Dredging Congress & Exposition (WODCON XXII)

The event is being organized by the World Organization of Dredging Associations (WODA), China Dredging Association (CHIDA) and Eastern…

read more >

Jobs>

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply