The Changi Airport Group has awarded two contracts worth S$4.8 billion ($3.7 billion) for the construction of its biggest passenger terminal as Singapore seeks to tap into the travel boom.A joint venture between China Communications Construction Co. and the Singapore unit Japan’s Obayashi Corp. was awarded the S$3.8 billion substructure contract while the S$950 million contract for airside infrastructure works was bagged by local contractor Hwa Seng Builder.
