OKP HOLDINGS' order book has just doubled -- from S$153 million to S$296.8 million, and extends out to year 2019.

That has come about with the award by the Land Transport of two design and build contracts (ER442 and ER443) worth S$60.9 million and S$82.9 million, respectively, for sheltered linkways.


“With a focus on our core competencies in civil engineering and construction, we are excited to be awarded the opportunity to partner LTA for the island-wide Walk2Ride programme."

 -- Or Toh Wat, OKP Group MD (right). 

The projects are part of the island-wide Walk2Ride programme introduced in January 2013 to enhance the comfort of people who walk to ride on the public transport network.

Work on these two contracts will start in 4Q2015 and will complete progressively by 2018.

Contract ER442 includes the construction of sheltered linkways within a 200-metre radius of 38 Light Rail Transit stations such as Teck Whye and Punggol Point.

Contract ER443 includes expanding the coverage of the sheltered linkway network to a 400-metre radius from its present 200- metre radius at 29 MRT stations including those in central areas such as Raffles Place and Orchard.

It also covers sheltered linkways within a 200-metre radius of a bus interchange.

walk2ride_shelter2.15Under the Walk2Ride programme, LTA will expand the coverage of the sheltered walkway network by ensuring sheltered connectivity between transport nodes and schools, health care facilities, residential developments and public amenities within a 400m radius of all MRT stations and within a 200m radius of all LRT stations and bus interchanges.
Above: LTA artist's impression.

OKP is a leading home-grown infrastructure and civil engineering company specialising in the construction of urban and arterial roads, expressways, vehicular bridges, flyovers, airport infrastructure and oil and gas-related infrastructure for petrochemical plants and oil storage terminals.

OKP also undertakes maintenance works for roads and roads-related facilities as well as building construction-related work, and has expanded its core business to include property development.

For the nine months ended 30 September 2014, the Group reported profit after tax attributable to equity holders of S$1.7 million and revenue of S$83.8 million.  

Recent story: OKP & CHINA SONANGOL launch their maiden joint property project

You may also be interested in:


We have 1377 guests and no members online

rss_2 NextInsight - Latest News