Punj Lloyd to lay new foundations at Sentosa

Contract valued at Rs 666 crore

Mumbai; August 2, 2007: Sembawang Engineers and Constructors (Sembawang), a subsidiary of Punj Lloyd Limited (PLL), a global EPC services provider in energy and infrastructure domains, has secured a contract worth over SGD250 million for sub-structural works at the Sentosa Integrated Resort Development. The contract was awarded by Resorts World at Sentosa Pte Ltd, a wholly-owned subsidiary of Genting Group.

The Sentosa Integrated Resort ("IR") Development is a prestigious IR project being developed in Singapore. Resorts World at Sentosa Pte Ltd successfully clinched this multi-billion construction contract, following intense competition from other international consortiums.

The scope of work in the contract includes the construction and completion of the raft foundation, three levels of the basement and all associated mechanical & engineering work for the massive development. The schedule time for completion of the project is August 2008.

The contract is a clear recognition of Sembawang's strength and serves to enhance its reputation across the broad scope of engineering, procurement and construction of buildings and infrastructure. It further underlines that Sembawang's footprints can be seen in many places in the creation of modern Singapore over the last 25 years.