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[orders/completion] DL E&C Consortium, Shinheung belongs, wins a $380M contract for Suseo-Gwangju Railroad

02.15.2024

Namgwang Consortium, Shinheung belongs, won a $308M contract for the Daegu Industrial Line construction project (Section 2).

■ Construction Period: 60 months from NTP (Notice to Proceed)
■ Construction Amount: 504,000,000,000 KRW (25,200,000,000 KRW)
■ Client: Korea National Railway

■ Contract Type: Consortium Contract
- DL E&C 50%
- Hyosung 10%
- Shinheung 5%
- Jungju 5%
- Daegeo 5%
- Ilsan 5%
- Daeyang 5%
- ST 5%
- Sambu 5%
- CNC 5%

■ Related Links
https://www.redaily.co.kr/news/articleView.html?idxno=7254
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