Hyundai E&C wins Shaw Tower redevelopment contract in Singapore

Hyundai Engineering & Construction (E&C) has won a contract for the redevelopment of Shaw Tower in Singapore, awarded by Shaw Towers Reality. The contractor will build a 32-storey office tower and six-storey amenity facilities (Podium) covering a total surface area of 64,728 sq m, with a construction period of 38 months after groundbreaking. 

The new Shaw Tower will have office spaces, amenity facilities, community facilities, outdoor amphitheatre, sky garden, cafe and terrace, said Hyundai E&C in its press release. “In accordance with Singapore’s vision of implementing a car-free city, the development will also maximise a seamless connection between pedestrian passages, nearby government offices and MRTs,” added the contractor.

Completed in 1975, the old Shaw Tower had established itself as a landmark in downtown Singapore over the years. The new Shaw Tower aims to “prioritise the health and safety of customers and focus on eco-friendliness and less energy consumption,” explained Hyundai E&C, “with the objective of obtaining Green Mark certification by the International WELL Building Institute and Singapore’s Building and Construction Authority (BCA).”

Since its entry into Singapore, starting with the Pulau Tekong reclamation project in 1981, Hyundai E&C has secured 91 contracts including Pasir Panjang Terminal construction and Marina South Complex development project, to name a few. Currently, a total of 11 engineering and construction projects, including three dredging and reclamation works, are being carried out in Singapore.

An official from Hyundai E&C said, “Although overseas orders have been decreasing due to the recent pandemic, we have maintained trust with diverse clients for a long time by successfully completing big construction projects in Singapore. The latest deal is the result of our selection and focus strategy after building overseas marketing capacity. We will do our best to win overseas orders in the future.”

Image courtesy of Hyundai E&C