Sanli has been awarded a significant contract valued at S$205m by Singapore’s National Water Agency, PUB, for the development of Changi NEWater Factory 3. This project, set to last 24 months, further boosts Sanli’s order book to a record S$838.7m. The announcement follows a recent S$281m contract from the Land Transport Authority (LTA) in October 2025, marking the largest single contract in the company’s history.
The new project is anticipated to positively impact Sanli’s net tangible assets and earnings per share over its duration. Sanli’s CEO and Executive Director, Sim Hock Heng, expressed confidence in the company’s capabilities and execution. “Building on the momentum of a recent contract win from LTA, we believe that the latest project win reflects the confidence in our capabilities, disciplined execution, and the enduring trust we have built for nearly 20 years,” he stated.
Sanli’s strategic focus on water and environmental sustainability aligns with Singapore’s priorities, ensuring continued support for public sector clients in delivering large-scale infrastructure solutions. This latest contract not only enhances Sanli’s order book but also contributes to its resilience and diversification, supporting sustainable growth in the future.
