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.
Plans are now in hand to upgrade and straighten the Bruce Highway over the Cardwell Ridge in Australia. The US$102.45 million (A$115 million) project will be handled jointly by a team comprising consulting engineer, SMEC Australia and Abigroup Contractors.
Australia’s construction activity might be slowing down after this year, according to an analysis of the country’s infrastructure activity by Deloitte Access Economics.
While a number of factors support an optimistic view that business investment could lift more sharply than forecast over the next two years, latest quarterly Investment Monitor from Deloitte Access Economics is predicting slower growth.
“Although the healthy project pipeline will continue to support elevated levels of infrastructure activi
South Korean firm ETI is offering a novel roller barrier system, designed to reduce crash risks. The system meets both US and European requirements for barriers and is well-proven in the South Korean market, with over 100km in use on the country’s road network.
In addition, the firm has also supplied systems to customers in other Asian countries including Malaysia, the Philippines and Thailand, as well as Latin America, including Chile, Colombia, Ecuador and Mexico.
For the moment the company has not yet
