A few days ago, China Metallurgical Construction Research Institute Singapore Company once again joined hands with the Resorts World Sentosa project in Singapore, becoming one of the main contractors for the upgrading, reconstruction and expansion of this resort. This is another achievement of overseas Chinese-funded enterprises in fulfilling and serving the "Belt and Road" construction between China and New Zealand and achieving mutual benefit and win-win results.
MCC Singapore has been deeply involved in overseas markets for 27 years. Since entering Singapore in 1996, it has grown from small to large, from weak to strong, and its business development has experienced transformation and upgrading such as labor subcontracting, professional subcontracting, general engineering contracting and urban development. In the early 1990s, MCC Singapore went abroad and knocked on the door of Singapore's construction market with its core advantages of steel structures.
In 2008, Singapore decided to build Resorts World Sentosa. Seizing the opportunity, MCC Singapore stood out from the competition by virtue of its advantages in steel structure and the strong strength of domestic group companies, and became the general contractor of Universal Studios Sentosa.
Universal Studios Sentosa Singapore is currently the only Universal Studios theme park in Southeast Asia. The entire project has 36 main units, covers an area of about 250,000 square meters, and has a total construction contract value of more than 4.2 billion yuan. The engineering project with the largest contract value undertaken by the company in Singapore has filled the gap for Chinese-funded enterprises to contract large-scale comprehensive entertainment projects overseas.
The Singapore Universal Studios project has a complex structure and novel design, which requires extremely high comprehensive capabilities of the design and construction team. As the general contractor of construction, MCC Singapore overcame various unfavorable conditions brought about by the tropical high temperature weather, and 7 sub-projects were constructed at the same time. From the date of signing the contract, it took only 18 months to complete the project that would take developed countries from 4 years to 18 months. The project that takes five years to complete has created a miracle in the history of the construction of world A-level theme parks.
The successful construction of the Universal Studios Singapore project has brought two far-reaching impacts on China's metallurgical industry: one is to greatly promote the export of Chinese steel products and expand the overseas market of Chinese steel products; the other is to form a good demonstration and start. It has laid a solid foundation for the development of characteristic themed projects, an important part of MCC's "four beams and eight pillars" comprehensive business system, and provided experience and talents for the future construction of large-scale projects such as Shanghai Disneyland, Beijing Universal Resort, and Hong Kong Disneyland. Created a "dream team" in the field of theme projects with Chinese characteristics.
Since then, in the international market with fierce competition in infrastructure construction, a Chinese company that is good at building "theme parks" has become famous, bringing a brand effect to MCC Singapore. In 2019, Manli Eco Park, a subsidiary of Singapore's Temasek, decided to build the world's first tropical rainforest theme park. With a good reputation, MCC Singapore successfully signed the general contract for design and construction, and started a new exploration of the natural ecology of large-scale theme parks.
Over the years, MCC Singapore has worked hard to build a "golden brand" while serving Singapore's urban construction. At present, MCC Singapore has developed and managed 19 real estate projects in Singapore, including more than 11,000 residential units with a total saleable area of over 900,000 square meters, accounting for 3% of the Singapore apartment market. The MCC (China Metallurgical) brand logo can be seen everywhere, and the projects cover high-end apartments, public housing, large-scale comprehensive entertainment projects, public infrastructure, hotels and other fields, forming a development pattern of the entire industry chain.
In May 2021, MCC Singapore won the bid of the Singapore Land Transport Authority (LTA) for the design and construction of the Changi East Depot of the Metro Cross-Island Line, covering an area of 570,000 square meters and a total contract value of more than 5 billion yuan RMB. This is the second subway project undertaken by MCC Singapore in the Singapore market.
In April 2022, MCC Singapore won the bid for the construction project of the Johor Bahru-Singapore Rapid Transit System (RTS) strong and weak electricity and communication security system. The system is a 4-kilometer-long cross-border MRT system that will connect Singapore's Woodlands and Johor Bahru, Malaysia, and cross the Johor Strait. After completion, it can transport 10,000 passengers per hour for cross-border travel. It is the interconnection between Singapore and Malaysia. important items.
After years of development, MCC Singapore has achieved transformation and upgrading from an urban developer to an integrated urban operator, and has gradually enriched its entire range of services from urban planning and design, urban development and operation to general contracting, whole-process project management, marketing, and community services. industrial chain. Today, MCC Singapore has brought the technology, capital and project construction management experience of China and Singapore to the third country market, and has entered a broader world.