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
cover tunnel photo by: Matt Brown from London, England / CC BY
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https://www.businesspost.co.kr/BP?command=article_view&num=312760
www.businesspost.co.kr