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The Korea Herald
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THE INVESTOR
March 30, 2024

Industrials

Hyundai E&C wins W270b orders in Singapore

  • PUBLISHED :June 21, 2017 - 14:34
  • UPDATED :June 21, 2017 - 14:34
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[THE INVESTOR] Hyundai Engineering & Construction, said on June 21 it has won two reclamation projects worth a combined 270 billion won (US$236 million) from Singapore.

In a 184 billion won deal placed by Juron Town Corp., Hyundai E&C will build a dock in the western sea of Tuas after working on the reclamation process for 57 months starting in July, the company said in a statement.

In the other 84 billion won project by the Housing and Development Board, the Korean builder will expand the Changi Airport facilities and rebuild roads after filling in a portion of the sea southeast of the airport over a two-year period, it said.

Hyundai E&C is currently involved in 10 projects valued at US$3.6 billion won in the country.

By Alex Lee and newswires (alexlee@heraldcorp.com)

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