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Sat 23 Dec 2006 04:00 AM

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Singapore benefits in Dubai

Singapore construction and engineering firm Yongnam Holdings has said its order book should triple in size next year due to several big infrastructure projects in the city-state and the Middle East

Singapore construction and engineering firm Yongnam Holdings has said its order book should triple in size next year due to several big infrastructure projects in the city-state and the Middle East. Yongnam recently won its first contract in the region to supply structural steel to some of the over-ground stations for the Dubai Metro project. The contract was worth US $4 million.

The company expects the region to contribute about 25% to the group’s revenue in 2007, and more than 45% of revenue by 2011.

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