Australia road contract awarded to South Korean firm
The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
August 22, 2018
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The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, 1026 Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
A new road project worth US$440 million is going ahead in Hong Kong’s Yau Ma Tei west area. The project is for a six-lane road and the new link will be constructed by a consortium comprising SK Engineering & Construction Co (SK E&C) and local firm Build King Construction. Work is now starting and the package of works is expected to take 84 months to complete. The contract was awarded to the consortium by Hong Kong’s Highways Department.
The troubled tunnel construction project in Colombia to build the La Linea link has faced yet a further setback in its long tale of woe. The tender for the completion of the final 12% of the tunnel project has not managed to attract any interest from contractors. The budget for this work is an estimated US$77 million. A new tender process is being launched, with a submission deadline of 6th June 2017 and planned winner announcement on 4th July 2017. The contractor that had been building the tunnel failed to
