Shinheung earns credit rating A- (NICE D&B)

Shinheung Construction announced that its NICE Dun&Bradstreet (D&B) credit rating was A- in 2024.

Awarded Isu–Gwacheon Tunnel Public-Private Partnership (PPP) Project

Lotte E&C Consortium, to which Shinheung Construction belongs, has been awarded the contract for the su–Gwacheon Tunnel Public-Private Partnership (PPP) Project. ■ Construction Period: 60 months from NTP ■ Construction Amount: 200,000,000,000 KRW (20,000,000,000 KRW) ■ Client: Korea Expressway Corporation (KEC) ■ Contract Type: Consortium Contract - Lotte Engineering & Construction: 47% - Daewoo Engineering & Construction: 17% - GS Engineering & Construction: 15% - Gyeryong Construction Industry: 10% - Hanshin Engineering & Construction: 7% - Shinheung Construction: 2% - Godeok General Construction: 2% ■ Related Article https://news.mtn.co.kr/news-detail/2024110711090159939

Awarded Sincheon Treatment Area Sewage Pipeline Installation

Shinhwa Construction and Shinheung Construction have been awarded the contract for the Sincheon Treatment Area (Seongbuk Bridge to Dongshin Bridge) Sewage Pipeline Installation Project. ■ Construction Period: 1,454 days from NTP ■ Construction Amount: 46,100,000,000 KRW (22,500,000,000 KRW) ■ Client: Daegu Metropolitan City ■ Contract Type: Joint Contract - Shinhwa Construction: 51% - Shinheung Construction: 49% ■ Related Article https://www.dnews.co.kr/uhtml/view.jsp?idxno=202408281541127810190