FBS Global Secures US$20 Million Materials Partnership to Boost Procurement Efficiency
FBS Global announced a procurement partnership with Fastfixs Systems and Linyi Metal Products to source up to US$20 million of steel, aluminum alloys and stainless steel below Singapore’s market prices. The deal enhances FBS Global’s upstream sourcing and procurement efficiency for its expanding commercial and public infrastructure projects in Singapore.
1. Partnership Framework
Finebuild Systems, FBS Global’s Singapore subsidiary, has forged a supply chain collaboration with Fastfixs Systems Pte Ltd and Linyi Metal Products Co., Ltd., establishing a long-term framework for sourcing critical construction materials.
2. Volume and Duration
The agreement targets procurement volumes of approximately US$20 million through December 31, 2027, with materials ordered via project-specific purchase orders under agreed pricing, quality, compliance and delivery terms.
3. Operational Benefits
Access to steel, aluminum alloys and stainless steel at below-market prices is expected to strengthen upstream sourcing, improve procurement efficiency and enhance FBS Global’s competitiveness in commercial and public infrastructure tenders.