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$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
The Costanera Central motorway in Chile will require an investment of US$ 1.98bn, according to the country’s Ministry of Public Works (MOPC). The 20km road, which will connect Puente Alto with the Autopista del Sol motorway, will be put to tender in the final quarter of 2013. Construction is due for completion by 2019.
The proposed Western Harbour Tunnel and Beaches Link project in Sydney, Australia is coming in for renewed focus. Financing institutions are being invited by the New South Wales State Government to enter discussions over providing backing for the project. The new route will be one of the largest motorway construction projects for Australia should it get the go ahead. The work could cost US$9.9 billion (A$14 billion).
Excavation work is in hand for the Eurasia Tunnel in Turkey. South Korean contractor SK Engineering and Construction (SK E&C) is carrying out the excavation work as part of a BOT contract. The project is costing some US$1.24 billion and the 5.4km tunnel will provide a new trans-continental connection between the towns of Goztepe and Kazlicesme when it opens in 2017. Running below the Bosporus Strait, the tunnel is expected to reduce the travel time to 15 minutes from the current 100 minutes. The Eurasia Tun
