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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