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Punj Lloyd Group wins contract worth Rs 1,394 cr

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Announcement Corporate

Project entails construction of hotel, villas, marine life park and water theme park for the second and last phase of Resorts World Sentosa, Singapore

Punj Lloyd Group subsidiary, Sembawang Engineers and Constructors (Sembawang), one of the leading engineering and construction companies in Southeast Asia and MENA (Middle East & North Africa) region has clinched a major contract worth Rs. 1394 crore (S$419 million) from Singapore’s landmark integrated resort Resorts World Sentosa , a subsidiary of Genting Group. The project entails the construction of the Equarius Hotel, a world-class spa, beach villas, an oceanarium, and a water theme park. .

Speaking on the order win, Atul Punj, Chairman, Punj Lloyd Group, said, “We are delighted to have received a consecutive order from Resorts World Sentosa. This contract win reinforces our expertise combined with our commitment to complete projects on time. We will continue expansion in high growth areas and will leverage our dynamism and speed to deliver landmark projects.”

 

Mr Richard Grosvenor, President and CEO of Sembawang said, “We are honoured that Sembawang has been awarded this major contract for  Resort World Sentosa’s last phase as it is a clear recognition of our strength in delivering quality work. We are also delighted to be working again with the iconic Resorts World Sentosa. This is our second contract with them after the successful completion of a S$250-million sub-structural works project at the resort  in 2008.”

Resorts World Sentosa is Singapore’s first integrated resort, comprising the region’s first Universal Studios theme park, four hotels, convention centre and Singapore’s first casino, which opened its doors in the first quarter of 2010.The West Zone of the Resorts World Sentosa is the second and last phase of the entire integrated development. The total site area of the West Zone is 109,000 square metres (the equivalent of about 18 football fields).

Under the scope of works for this project, Sembawang will handle the civil, structural, architectural and M&E works for the following developments:

  1. Equarius Hotel – An eight-storey building with 374 rooms and a basement. 
  2. ESPA – A world-class spa spread across landscaped grounds, it will have various buildings dedicated to treatment, relaxation and wellness.
  3. Beach Villas – A cluster of 42 luxurious villas, adjoining the ESPA, which will be built in three different designs.
  4. Marine Life Park – The world’s largest oceanarium teeming with marine life and lifestyle activities, the park is spread over 46,000 square metres.
  5. Water Theme Park – A 13,000 sq m lifestyle park located near Resorts World Sentosa’s  Hard Rock Hotel.

With this contract, the order backlog for the Punj Lloyd Group on consolidated basis has gone up to Rs 29,256 crore. This is the total value of unexecuted orders as on March 31, 2010 and new orders received after that day.

About Punj Lloyd:
Punj Lloyd (BSE SCRIP ID: PUNJLLOYD, NSE SYMBOL: PUNJLLOYD) is a globally diversified conglomerate providing engineering, procurement and construction services in Oil & Gas, Petrochemical and Infrastructures sectors, with interests in aviation, defence and marine. Known for its capabilities in delivering mega projects ‘ontime,’ thereby ensuring repeat customers, the Group possesses a rich experience of successfully delivered projects across the globe, while maintaining the highest standards of health, safety, environment and quality (HSEQ). Further information about the Group is available at www.punjlloydgroup.com

About Sembawang Engineers and Constructors:
Sembawang Engineers & Constructors Pte Ltd (Sembawang) is a leading engineering and construction groups in Southeast Asia. Sembawang has a strong global presence with offices worldwide including in Malaysia, Indonesia, Hong Kong, China, India, Libya, Kazakhstan, United Arab Emirates, Bahrain and Saudi Arabia.

About Resorts World Sentosa
Resorts World Sentosa, one of the world’s most extensive and expensive integrated resorts at S$6.59 billion, was built in a record time of under three years. Resorts World Sentosa has soft opened its four hotels on 20 January 2010, its shopping and dining strip, FestiveWalk on 30 January 2010, Singapore’s first casino on 14 February 2010, together with the Resorts World Convention Centre, which includes its Compass Ballroom, 26 function rooms and 1,600-seat Festive Grand theatre and Southeast Asia’s first and only Universal Studios Singapore on 18 March 2010. Supporting the attractions are a 3,500-lot carpark facility, restaurants, retail stores, entertainment and public attractions that include Emmy-award winner Jeremy Railton’s Lake of Dreams and Chamber of Treasures.

Resorts World Sentosa will open the world’s largest Marine Life Park, its Maritime Xperiential Museum, a destination spa and two remaining hotels with a total of 500 rooms in phase two development.

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First Published: Jun 16 2010 | 7:48 PM IST

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