Boustead Singapore says its 91.7%-owned subsidiary, Boustead Projects — a specialist in industrial real-estate solutions — has been awarded a $107 million contract to design and build an integrated manufacturing and support facility for one of the world’s leading power systems corporations. The contract is the largest industrial real-estate solutions contract secured by Boustead Projects to date.

Located at the Seletar Aerospace Park in Singapore, the facility will have a gross floor area of about 28,000 square metres, spread across two floors. The facility will incorporate a large-scale advanced manufacturing setup and clean rooms. With completion slated for the end of 2010, the facility is earmarked to be the first building in the aerospace park to attain Green Mark Platinum.

The 300-hectare aerospace park which is being developed to support Singapore’s rapidly growing aerospace industry and is currently home to more than 20 global aerospace corporations involved in activities related to aerospace maintenance, repair and overhaul; aviation systems and components design and manufacturing; general aviation businesses and activities; and aerospace training institutes for pilots, professionals and technical personnel.