Ryobi Kiso nabs $78.8m worth of new contracts

Total contracts secured for the year reaches $168.8m.

Singapore-listed engineering solutions provider Ryobi Kiso Holdings Ltd was on a roll as it managed to secure additional contracts worth S$78.8 million.

In a statement, the group said the contracts awarded includes foundation and geoservices work in Deepwater Ocean Basin at National University of Singapore, HDB Sengkang N3 C28A, Seletar Airport, and Water Reclamation Plant at Changi East.

With the said projects, the value of total contracts secured since the beginning of this year surges to $168.8 million.

Ryobi Kiso Chief Executive Officer Ong Tiong Siew said the city-state has been a good market for the group in the past year, hinting participation in more public and infrastructure projects in the future.

"The Group will focus on harnessing the full potential of our local market and we believe that our track record and strong capabilities will put us in good stead to capture more projects going forward,” he said.

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