Value of development contracts awarded in Singapore 2009-2018 by sector

In 2018, the value of development contracts awarded for the private sector in Singapore was approximately 12.24 billion Singapore dollars, while that for the public sector was around 18.3 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 2018, by sector

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Sources

Release date

August 2019

Region

Singapore

Survey time period

2009 to 2018

Supplementary notes

Note: 1 Singapore dollar is equivalent to 0.73 U.S dollars and 0.66 euros (as of September 2019).

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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