US$110.27mn deal for Daelim Industrial to build Sungai Brunei Bridge

The Brunei government has awarded a US$110.27 million (KRW 123.3bn) deal to South Korea-based Daelim Industrial (Daelim) to construct the Sungai Brunei Bridge. The Sungai Brunei Bridge will be Brunei's biggest bridge, crossing the Brunei River and connecting the regions of Kampong Sungai Kebun and Jalan to improve the economy in the south of the country. The roads that lead to the bridge will be expanded by Daelim, which will also construct two interchanges.
May 22, 2013 Read time: 1 min
The Brunei government has awarded a US$110.27 million (KRW 123.3bn) deal to South Korea-based 3088 Daelim Industrial (Daelim) to construct the Sungai Brunei Bridge.

The Sungai Brunei Bridge will be Brunei's biggest bridge, crossing the Brunei River and connecting the regions of Kampong Sungai Kebun and Jalan to improve the economy in the south of the country.

The roads that lead to the bridge will be expanded by Daelim, which will also construct two interchanges.

For more information on companies in this article

Related Content

  • Weighty matters for developing countries
    November 6, 2012
    One leading Weigh in Motion technology manufacturer is helping governments in developing countries reduce excessive road damage, while several others have seen their latest WIM systems recently used on the highways of Eastern Europe. Guy Woodford reports Recent Central Weighing WIM installations in Bangladesh are helping its national government reduce the financial burden of excessive road damage, while also protecting many bridges that are vital to transport and trade. The need for such installations was e
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • Texas highway deal for joint venture
    August 12, 2021
    An important Texas highway project is being carried out by a joint venture.
    Read More
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
    Read More

Highlighted Content