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[orders/completion] DL E&C Consortium, Shinheung belongs, Won a $510M Undersea Tunnel Project
05.24.2023
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
■ 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
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