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Value of development contracts awarded in Singapore 2009-2019 by sector

In 2019, the value of development contracts awarded for the private sector in Singapore was approximately 14.5 billion Singapore dollars, while that for the public sector was around 19 billion Singapore dollars. Despite the increase in value of contracts awarded in both public and private sectors, the construction sector in Singapore was expected to contract in the coming years. This was partly due to the poorer global economic outlook forecasted for the next few years.

Value of development contracts awarded in Singapore from 2009 to 2019, by sector

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Release date

February 2020



Survey time period

2009 to 2019

Supplementary notes

Note: 1 Singapore dollar is equivalent to 0.70 U.S dollars and 0.64 euros as at May 2020.

Figures have been rounded.

Data includes building and civil engineering work, but excludes reclamation works.

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Statistics on "Construction industry in Singapore"

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