English | Spanish | Dutch
Log in

Korea: DL E&C will challenge established order for Namhae Undersea Tunnel tender

    Ji-Yu Doko
    By Ji-Yu Doko Replies (1)

    Korea Business Post has interesting news on Namhae Undersea Tunnel competition.

    For Namhae Undersea Tunnel, coming up technical bidding for building roads (total 1230m), 5930m undersea tunnels land bridges 2 tunnels of 150mbetween Seosang -ri, Seosang -ri, Yeosu -si. Construction hope to start in 2024 and finish in 2032.

    A big competition expected between DL E&C, POSCO E&C, and Lotte E&C

    The Ministry of Land, Infrastructure and Transport began construction in 2024 and aims to open in 2032.

    DL E&C leading with 55% consortium with Taeyoung E&C (25%), Shinheung and S&C Industry.  Lotte E&C leading with 41% consortium with Kolon Global (12%) and HJ Heavy Industries (10%). POSCO E&C leading 43% consortium with Doosan E&C (20%), Geumgwang Enterprises (20%) and Hwaseong Industry (7%).

    https://www.businesspost.co.kr/BP?command=article_view&num=312760

    image

    image