Recognized for World-class Safety Management
Ssangyong E&C has received the Safety & Health Award Recognition for Projects (SHARP) for its two construction projects in Singapore, the T308 subway construction project and the Forest Woods Condominium project.
The company received the awards at an award ceremony held by the Singaporean Ministry of Manpower (MOM) on July 30.
SHARP awards are bestowed by the Safety and Health Committee of the MOM annually upon contractors that managed construction sites in Singapore with safety and health systems that are above a level required by the MOM.
Winners are given more points in bids for orders from the Singaporean government.
Ssangyong E&C has taken home these prizes 22 times since 2010, a proof that the company is recognized for its world-class safety management capabilities in Singapore. Singapore is a market where builders from around the world fiercely compete for projects. Ssangyong E&C picked up the award for a civil engineering project and an architectural work at the same time this year.
The Korean contractor landed the subway T308 construction project at the city center of Singapore from Singapore's Land Transport Authority (LTA) for US$252 million in 2016. The project includes two TBM tunnels (Twin Caves) and Marine Terrace Station in the 1.78 km section.
The Forest Woods Condominium project requires Ssangyong to build 519 units of seven condominium buildings with 519 houses for City Developments Limited (CDL), the largest civilian contractor in Singapore. Ssangyong E&C received the order for US$82 million in 2016.