27 Dec '13, 6am

#Singapore #GlobalREBubble #GlobalConstructionBubble 'Takenaka Corp wins $985m contract to build T4' @SGPropertyGuru

Changi Airport Group (CAG) has awarded a S$985 million contract to Takenaka Corporation for the construction of Changi Airport's Terminal 4 (T4). Construction is expected to start in Q1 2014, and set to be completed in 2017. It will involve the development of a new passenger terminal with a planned capacity of 16 million passenger movements per year and a two-storey holding area for taxis to pick up arriving passengers. There will also be a multi-storey car park, an open air car park and a bridge across Airport Boulevard that will allow buses and other airside vehicles to move from the new terminal to remote aircraft stands being built at a land plot south of Terminal 3. A 68-metre Ramp Control Tower will also be erected to oversee and manage aircraft movements. Road improvement works will ensure smooth traffic to and from the terminal, while a new road will funnel outgoin...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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SINGAPORE: Changi Airport Group (CAG) has awarded a S$985-million contract to Takenaka Corporation for the construction of...

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Takenaka awarded S$985 million contract to build Changi Airport's T4

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