Kori aims to stay steely in face of rising material cost, labour strain

The Catalist-listed specialist builder is engaging in R&D efforts to improve long-term productivity.

Sharanya Pillai

Published Mon, Feb 22, 2021 · 05:50 AM

Construction

Singapore

LABOUR crunches and spiking steel prices are among the challenges facing specialist builder Kori Holdings this year.

But its chief executive Hooi Yu Koh believes that the 39-year-old company can power through with a fresh crop of contracts. Rather than diversify, as some of his peers have done, he is betting on R&D efforts to improve productivity.

He remains confident that Kori, which listed on the Catalist in 2012, can continue to retain an edge in public infrastructure projects. More of such projects can be expected following initiatives announced in this year's Budget.

Speaking to The Business Times at his …