OKP Holdings Limited has been awarded a significant contract worth $90.6m by the Land Transport Authority (LTA) to enhance the Dawson Road network in Singapore. The project, set to commence in August 2026, involves the design and construction of a new extension of Kay Siang Road and the widening of Tanglin Road and Kay Siang Road, along with associated infrastructure improvements.
The contract, spanning 42 months, will see OKP’s subsidiary, Or Kim Peow Contractors, undertake extensive roadworks, including recambering, raising, milling, and overlaying existing roads. The project also encompasses the relocation and construction of bus stop shelters, covered linkways, and a new cycling path network, enhancing commuter infrastructure along Kay Siang Road, Tanglin Road, Queensway, and Margaret Drive.
This new contract boosts OKP’s net construction order book to $797.9m, with projects extending until 2031. The Group’s Managing Director, Or Toh Wat, expressed gratitude for the opportunity to contribute to Singapore’s infrastructure development, stating, “This latest contract win further strengthens OKP’s position in Singapore’s public infrastructure sector.”
The announcement follows OKP’s recent financial results, which revealed a 43.8% increase in net profit to $27.3m for the first half of 2026. The company also declared a special interim dividend to commemorate its 60th anniversary. With Singapore’s ongoing investment in infrastructure.
