CapitaLand emerged as the first recipient of the SGBuilds Star Award (Developer) category for its collaboration with Singapore firm L&W Construction to construct Block 1 of International Tech Park Pune, Kharadi. Photo: CapitaLand
Local firms in the built environment sector have been recognised for their successful collaboration in expanding as well as strengthening the city-state’s foothold in the overseas market.
The Building and Construction Authority (BCA) on Friday (28 August) has given 36 local firms the inaugural SGBuilds Award for 18 international projects.
The SGBuilds Award is divided into three categories – developer, consultant and builders – with the top firm in each category receiving the SGBuilds Star Award.
“It has been almost three years since we launched the Construction Industry Transformation Map in October 2017. Since then, we have worked towards fulfilling our vision of an advanced and integrated sector; with progressive and collaborative firms offering good jobs for Singaporeans. The SGBuilds award is a good recognition of industry efforts in fulfilling this vision through internationalisation in a collaborative manner,” said BCA CEO Hugh Lim.
“We hope that these awards will inspire other Singapore firms across the entire built environment value chain to consider how to pool their capabilities and resources to venture into new markets overseas.”
TW-Asia Consultants bagged the SGBuilds Star Award in the consultant category for its eight-storey resort at Palau Island, Republic of Palau.
Set for completion next year, the project “adopted a holistic solution based on BCA’s Green Mark scheme, and incorporated environmental best practices in water conservation, waste management energy efficiency, renewable energy, drainage systems and preservation of the surrounding environment and ecosystem”.
TW-Asia Director Maey Leow revealed that the project had won the hearts of the locals, as validated by a survey done with neighbouring residents.
“We are delighted with this outcome and it bears testament to the team’s vision to create an inclusive and ethical development. It will set the stage for future growth opportunities.”
CapitaLand emerged as the first recipient of the SGBuilds Star Award (Developer) category for its collaboration with Singapore firm L&W Construction to develop International Tech Park Pune, Kharadi (ITPP-Kharadi), Block 1.
CapitaLand’s partnership with L&W started in 2009 when it appointed a joint venture between two Singapore construction-related firms, Lee Kim Tah and Woh Hup Holdings, to develop Zenith building within International Tech Park Chennai.
Since then, L&W and CapitaLand’s partnership has gone “from strength to strength with several CapitaLand International Tech Park developments in major cities across India”.
“Being a Singapore company that has made our mark internationally through our world-class properties, CapitaLand is in a strong position to lend our expertise and local knowledge to help fellow Singapore companies expand overseas. During these challenging times, we continue to stand with our partners to ride through this rough patch together,” said Goh Ah Moi, Chief Development Officer, Singapore and International, CapitaLand Group.
Meanwhile, Utracon Overseas clinched the SGBuilds Star Award (Builder) category for a six-storey building the developer constructed for the National Bank of Cambodia.
Their successful collaboration enabled them to win a third project from the National Bank of Cambodia.
“Being able to venture out internationally is already challenging. On top of that, constructing a sensitive and secured project for a well-established client is something that many would not take on,” said Khoo Jyh Hao, Director at Utracon Overseas.
“We were fortunate to have been able to team up with Atelier International Management Pte Ltd with their vast market familiarity in Cambodia and also our other partners for their respective expertise, with the goal of achieving the best project outcome.”
Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email firstname.lastname@example.org