Singapore Technologies Engineering Bags SG$60 Million Contract from Qatari Real Estate Firm

MT Newswires

2024/10/15

ST Engineering (SGX:S63) secured a contract worth SG$60 million by the Lusail Real Estate Development to design, build and operate a smart city platform for the city of Lusail in Qatar, according to a company release on Tuesday.

ST Engineering will start working on the project within this quarter and will deliver it by 2027.

Lusail Real Estate Development is a subsidiary of Qatari Diar Real Estate Investment Co. (Qatari Diar).

Price (SGD): S$4.66, Change: S$-0.0100, Percent Change: -0.21%

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