The company has also shifted gears in recent years, broadening its global reach and expertise – especially in sustainability. One ongoing project: Exploring ways to protect Singapore’s coastline from rising sea levels.
A key driver of this transformation was Temasek’s investment in 2015.
“Cities are increasingly integrating smart technologies, sustainable materials and resilient urban design into their built environments,” says Mr Russell Tham, head of Emerging Technologies, Temasek, and former board member of SJ.
The Singapore-headquartered investment firm saw growing opportunities in the urban development sector, he adds.
“As an active shareholder, we (Temasek) are committed to engaging our portfolio companies, such as SJ, on their growth strategies to create sustained long-term value.”
For SJ, this has meant strategic investments to accelerate expansion, including the acquisition of 10 companies to offer a wider range of sustainable solutions, says Mr Tham.
Mr Sean Chiao, group chief executive officer of SJ, adds: “Temasek’s support has been crucial in fuelling our growth, by bringing together companies who are leaders in their respective fields, to form a collective of problem solvers.”
Today, SJ operates in over 40 countries and employs 16,000 globally. Its annual revenue has surged from $400 million in 2015 to $2.3 billion in 2024, with 7,000 active projects worldwide.






