Ssangyong Construction has secured a contract worth approximately 3 trillion won ($21.5 billion) for the construction of the Tengah General and Community Hospital, commissioned by the Singapore Ministry of Health.
On September 17, Ssangyong Construction announced that this marks the largest single project order in the company's history. The contract amount exceeds last year's revenue of 1.8 trillion won.
The hospital will be located in the Tengah area of western Singapore, comprising seven buildings with a total of 1,534 beds across three basement levels and nine above-ground floors. The construction period, including design, is set for a total of 63 months.
The Tengah General Hospital is a key healthcare infrastructure project for the western region of Singapore. It will be operated by the National University Health System (NUHS), which plans to create a large integrated medical campus incorporating clinical research and digital healthcare solutions.
Among 11 companies that participated in the bidding, Ssangyong Construction was the only South Korean firm to pass the Pre-Qualification (PQ) process. The company competed against three other finalists. Although its bid was not the lowest, it was selected as the final contractor, surpassing competitors from Japan and China.
Ssangyong Construction previously completed the Woodlands Health Campus project for the Singapore Ministry of Health in April 2024, which included eight buildings with a total of 1,500 beds and a construction cost of 1.6 trillion won.
A representative from Ssangyong Construction stated, "This project involves a comprehensive contract from design to construction issued by the Singapore government. As we undertake this large hospital project independently, we aim to enhance our competitiveness in the Singapore construction market through successful completion."
* This article has been translated by AI.
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