Tracing our roots to agencies synonymous with Singapore’s early township and industrialisation efforts, Surbana Jurong has played an instrumental role in the development of Singapore’s urban, industrial and infrastructure landscape for more than five decades. Alongside with the Nation, Surbana Jurong has grown from strength to strength to become Singapore’s largest engineering firm and one of the largest Asia-based global urban, industrial and infrastructure consulting firms.
The Group is driven by organic growth, leveraging heritage, and inorganic growth via acquisitions and partnerships. Every acquisition adds talents, capabilities and extends our geographic reach. To ensure compatibility with Surbana Jurong's core values and culture, each potential company is subject to rigorous due diligence policy and high standards for governance and compliance. Compatible corporate values and culture are also considered.
Surbana started out as the Building and Development Division of the Housing & Development Board (HDB). It was established to solve Singapore’s housing crisis and to provide affordable and quality housing for the growing population.
Jurong International is synonymous with Singapore’s industrialisation efforts since the 60s. It started out as the Technical Services Group in Jurong Town Corporation (now JTC Corporation), Singapore’s lead government agency responsible for developing and managing industrial estates and their related facilities. JTC oversaw the rapid development of the Jurong Industrial Estate, Singapore’s pioneer industrial park developed in the 1960s through to the 1990s.
JTC's Technical Services Group established a headquarters office in Suzhou, China.
JTC Corporation corporatises its Technical Service Group into a Government owned private limited company – Jurong International Holdings (JIH), where they serve as Singapore’s leading international consultancy service provider, offering masterplanning and engineering expertise, with a special focus on industrial developments.
HDB's Building and Development Divison opened its first China office in Shanghai.
JIH established a new India headquarters in Bangalore.
HDB’s Building and Development Division was corporatised as HDB Corporation Pte Ltd (HDBCorp) in a bid to export Singapore’s decades of urbanisation expertise and experience to other countries.
HDBCorp was acquired by Temasek Holdings, the Singapore Government’s investment vehicle.
HDBCorp was rebranded as Surbana Corporation Pte Ltd.
CapitaLand Limited, one of the largest real estate developers in Singapore, acquired a 40% stake in Surbana, with the remaining stake held by Temasek Holdings.
Surbana set up its first branch office in Yangon as part of expansion plans into Myanmar.
Surbana Jurong formed after the merger between Surbana and JIH completed with a 51%/49% share split between Temasek and JTC.
Surbana Jurong acquired KTP Consultants Pte Ltd in Singapore and Sino-Sun Architects & Engineers Co. Ltd in China after in-depth due diligence. Surbana Jurong concluded that the two companies will enhance our design and engineering capabilities in Singapore and the region, and extend our market reach in China.
Surbana Jurong took up a 8.5% stake in HELIX RE, a spin-off from Google X.
Temasek acquired JTC’s share in the company. Surbana Jurong is now 100% owned by Temasek.
Surbana Jurong strategically acquired Australian-based SMEC Holdings Limited for its complementary engineering strengths, expertise, talent pool and long-standing history of projects both in Australia and internationally.
During the acquisition process, SMEC’s management had advised that an investigation was underway into allegations of suspected instances of misconduct dating back to 2000. Following rigorous due diligence, which included an independent third-party assessment, Surbana Jurong completed the deal, making the Group one of the largest Asia-based consultancies.
Surbana Jurong acquired AETOS Holdings Pte Ltd which expands the Group’s overall service offerings to include safety and security capabilities and advisory. The acquisition of AETOS enables Surbana Jurong to provide holistic solutions to our clients as they increasingly see the need to overlay their physical development plans with safety and security considerations.
Surbana Jurong took up a 20% equity stake in China’s CITICC (Africa) Holding Limited.
Surbana Jurong acquired Robert Bird Group, a specialist consulting firm, and immediately strengthens the Group’s high-end urban development capabilities in delivering structural, civil and construction services on iconic complex projects. This acquisition adds core engineering capabilities, both in design and construction engineering, and also extends the Group’s market reach into the UK.