Yongnam Holdings clinches 4th Marina Coastal Expressway contract

Engineering and steel contractor Yong Nam has been awarded the contract for Marina Coastal Expressway, a deal worth S$21.5 million.

The dual five-lane, 5km long expressway will be a strategic underground east-west transport linkbetween three major expressways, catering to the anticipated increase in traffic volume generated by the high-density developments in the Marina Bay area.

Building the structure will be a complex feat, according to a release to the media by Yongnam, as part of the expressway will run underneath the seabed just 150 metres away from the Marina Barrage, which needs to be opened periodically to allow water to flow out during heavy rain.

This is the 4th contract the company has since secured for the expressway, and will total S$283 million worth of contracts. Yongnam will support the main contractor, Samsung C&T Corporation, through the installation and removal of temporary steel strutting and waling works for the wide and deep tunnel excavation. The Contract is targeted for completion by September 2012.

The company’s other infrastructural projects include the Marina Bay Sands Integrated Resort and the SkyPark that will sit atop the Marina Bay Sands’ IR Hotel Towers.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.

Top News

Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.