27 April 2017

Value of construction contracts could reach between S$28 billion and S$35 billion in 2017 on the back of more public sector projects.
SINGAPORE: The Building and Construction Authority (BCA) projects the total value of construction contracts to be awarded in 2017 to reach between S$28 billion and S$35 billion. The numbers are higher than last year's preliminary estimate of S$26.1 billion.
BCA is anticipating an increase in public sector construction demand from S$15.8 billion last year to S$24 billion for 2017, boosted by an increase in demand for most building types and civil engineering works.
Additionally, the public sector is expected to contribute about 70 per cent of the total construction demand.