Daelim wins contract for new Singapore port

expat network

Daelim wins contract for new Singapore port

Daelim team wins reclamation contract for new Singapore port

Singapore’s Maritime & Port Authority has signed a S$2.42bn (£1.2bn) contract with Dredging International Asia Pacific-Daelim Joint Venture for the Tuas Terminal Phase 1 project.

The deal was signed at the inaugural Singapore Maritime Technology Conference.

The project includes dredging of the waters, construction of wharfs and reclamation of 294 hectares of land.

Singapore will be consolidating its container port activities at Tuas to meet the future demands of container shipping. The new Tuas Terminal will use latest technology such as automated cranes and automated guided vehicles for container operations. When completed, it will have the capacity to handle 65 million twenty-foot equivalent units (TEUs) per annum, almost double the throughput handled by the Port of Singapore in 2014.

Source: Construction Index

Link: http://tinyurl.com/oktpojy

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.