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[orders/completion] Awarded Isu–Gwacheon Tunnel Public-Private Partnership (PPP) Project

11.08.2024

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
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