Daewoo E&C, Tata to build $863 million bridge in India
Daewoo Engineering & Construction, a major construction firm here, said Monday it will partner with Tata Projects to build a 953 billion-won ($863 million) bridge in India.Daewoo E&C and TPL won the order from the Mumbai Metropolitan Region Development Authority (Mmrda).
Mmrda plans to build the 22-kilometer-long (13.7-mile-long) Mumbai Trans Harbour Sea-Link as part of the $2.2 billion project, Daewoo E&C said in a statement.
The two builders won “Package 2” of the mega project and will complete their part of the total project in the next 54 months. Daewoo E&C holds a 60 percent stake in the 7.8-kilometer Package 2 project, with the remaining 40 percent held by TPL, it said. YONHAP
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)