Tiong Seng bags $277.3m development contract from JTC

To build an industrial facility in Tuas.

Tiong Seng reported that its subsidiary has been awarded a $277.3m contract from JTC Corporation.

The contract is for the development of JTC Space@Tuas, a multiple-user general industrial factory at Tuas Avenue 1.

JTC Space @ Tuas is a first-of-its kind facility that integrates various factory types to enable the clustering of companies in the manufacturing value chain.

It will comprise seven land-based factories, 36 ramp-up and 95 flatted factories across two 10-storey blocks and three 9-storey blocks that cater to a range of heavy and light manufacturing industries such as oil and gas, precision engineering and general manufacturing.

JTC Space @ Tuas will also feature supporting facilities such as a Heavy Vehicle Park, an amenity centre, and a workers’ dormitory.

Tiong Seng said that this contract win brings its order book to approximately $1.5b and extends project visibility up to 2020.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia