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ISOTeam secures $31.9 mil in new projects

Samantha Chiew
Samantha Chiew3/22/2022 06:13 PM GMT+08  • 2 min read
ISOTeam secures $31.9 mil in new projects
ISOTeam secures $31.9 mil in new contracts as economy improves.
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ISOTeam has secured $31.9 million worth of new contracts wins, which will boost its order book that stood at $152.7 million as at December 2021.

To be completed between November 2022 and January 2024, the new projects comprise a $4.2 million mechanical and electrical project that involves the supply, delivery and installation of grid-tied solar photovoltaic system for SolarNova Phase 4 HDB residential blocks; 10 repair and redecoration (R&R) projects worth $17.9 million, which includes one project that involves R&R works to 20 blocks and improvements to toilets at the market and food centre at Boon Lay Avenue, Boon Lay Drive and Boon Lay Place; as well as nine coating and projects worth about $9.8 million.

"With the Covid-19 situation being carefully managed, we are seeing a return of confidence in the economy. This has led to a definitive uptick in the number of public and private projects up for tender including those that had been put on the backburner during the height of the pandemic," says group executive director and CEO Anthony Koh.

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