SINGAPORE: Structural steel contractor and engineering solutions provider Yongnam Holdings will form a 70-30 percent joint venture with KTC Civil Engineering and Construction to work on a Marina Bay Sands project.

They have secured an S$81.4 million contract for temporary decking, steel waling and excavation works at the South Podium of the Marina Bay Sands integrated resort.

The South Podium area will include convention and meeting facilities, a grand ballroom and retail space.

Yongnam, along with its partners, has won over S$170 million worth of contracts for the Marina Bay Sands development.

Yongnam will be in charge of overall site supervision and control.


- CNA/so