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Singapore companies secure record high overseas contracts in 2004

www.chinaview.cn 2005-04-09 01:02:54

SINGAPORE, April 8 (Xinhuanet) -- Singapore companies secured overseas contracts worth 2.5 billion Singapore dollars (about 1.5 billion US dollars) in 2004, more than double the volume of the previous year, Channel NewsAsia reported on Friday night.

The Building and Construction Authority (BCA) attributed the record high amount in the past 10 years to robust exports to India, China and the Middle East.

BCA figures showed that exports to India surged almost 10 times over the previous year to account for about 30 percent of the total overseas deals won by Singapore contractors in 2004, while exports to China jumped over 80 percent from a year ago. Enditem.

 


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