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DL E&C Consortium, Shinheung belongs, Won a $510M Undersea Tunnel Project

DL E&C Consortium, Shinheung belongs, won a $510M turnkey contract for an undersea tunnel project that connects Seomyeon and Yeosu.  ■ Construction Period: 3,210 days from NTP (Notice to Proceed) ■ Construction Amount: 670,000,000,000 KRW (33,500,000,000 KRW) ■ Client: Ministry of Land, Infrastructure and Transport - Busan Construction and Management Administration ■ Contract Type: Consortium Contract - DL E&C (50%) - Taeyoung (25%) - Shinheung Construction (5%) - SNC (5%) - Heungwoo (5%) - Hyupsung (5%) - Newmillennium Construction(5%) ■ Related Links https://www.dnews.co.kr/uhtml/view.jsp?idxno=202305071122457220149 https://www.dnews.co.kr/uhtml/view.jsp?idxno=202305041514123100942

2023.06.09
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Hyundai E&C Consortium, Shinheung belongs, named preferred bidder for a $1.4 billion railway project

Hyundai E&C Consortium, Shinheung Construction belongs, named preferred bidder for Daejang-Hongdae Metropolitan Railway. ■ Construction Period: 2025 - 2031 ■ Construction Amount: 1,800,000,000,000 KRW (36,000,000,000 KRW) ■ Client: Ministry of Land, Infrastructure and Transport ■ Contract Type: Consortium Contract - Hyundai E&C 32% - Hyundai Engineering 5% - Hanwha E&C 12% - Dongbu Construction 10% - Taeyoung 10% - Ssangyong 10% - Shindonga Construction 4% - Hyosung Heavy Industries 3% - Shinheung Construction 2% - Geumsung Beakjo 2% - Daea TI 2% - Dukheung 2% - Jeewon 2% - Gyenghwa 2% - KBI 2% ■ Related Link https://www.dnews.co.kr/uhtml/view.jsp?idxno=202302091003283520607

2023.06.09
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Kyeryong Consortium, Shinheung belongs, wins a $190M contract for double-track railway at Shinbundan

Kyeryong Consortium, Shinheung belongs, wins a $190M contract for a double-track railway connecting Gwangkyo and Homaesil at Shinbundang Line. ■ Construction Period: 2024.01 - 2029.01 (60 months) ■ Construction Amount: 247,400,000,000 KRW (12,300,000,000 KRW) ■ Client: Korea National Railway ■ Contract Type: Consortium Contract - Kyeryong (50%) - Hanyang (9%) - VE Industry (6%) - Shinheung Construction (5%) - Siwol (5%) - Dodam (5%) - Ahndo (5%) - Daeheung (5%) - Taejin(5%) - Taesung(5%) ■ Related Link https://www.dnews.co.kr/uhtml/view.jsp?idxno=202301051514415760589

2023.06.09

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