SINGAPORE - Mainboard-listed Tee International said on Monday (Oct 23) that a wholly owned subsidiary has been awarded S$56.5 million worth of contracts by the Land Transport Authority (LTA) to build MRT noise barriers.
The unit, PBT Engineering, will provide noise barriers along the elevated tracks at existing MRT viaducts in the eastern, western and northern parts of Singapore to mitigate railway noise.
The scope of works includes the design, supply and installation of noise barrier systems at both sides of the existing MRT viaducts, as well as pre- and post-noise measurement to validate the effectiveness of the noise barrier system.
The contracts commenced on Oct 16 and are expected to be completed by 2020.
With this latest contract, Tee's total outstanding order book amounts to S$252.8 million.