Sino Land and its Singapore associate Orchard Parade Holdings have awarded Dragages et Travaux Publics a S$164 million (about HK$793 million) contract to transform the Fullerton Building on Singapore's waterfront into a landmark five-star hotel and commercial complex. Dragages is a subsidiary of France's Bouygues Group, which has conducted such world-class restoration projects as the Richelieu wing of the Louvre Museum and Orsay Museum in Paris, and London's King's College. The existing run-down building at Marina Bay will be refurbished to contain 380 luxury hotel rooms. On reclaimed land next to it will be a commercial complex comprising 65,000 square feet of office, exhibition and restaurant space, and about 300 parking spaces. 'The Fullerton is a grand historic building and we are looking forward to restoring it to achieve its former glory and splendour,' Orchard Parade managing director Leong Horn Kee said. 'By engaging an international contractor such as Dragages, and together with our very strong team of consultants, we are looking forward to delivering to Singapore a world-class hotel and futuristic commercial complex.' It is hoped the restoration can be completed by the third quarter of 2000. Sino and Orchard, both members of the Far East Organisation group of companies run by Ng Teng Fong, bought the Fullerton site from the government.