Samsung C&T wins $602M bid for Singapore tunnelSamsung C&T, a construction arm under Samsung, won a $602 million contract from Singapore’s Land Transport Authority to design and build a stretch of an underground expressway in the country.
According to the company on Monday, it has been selected as the first civil contractor to construct a 1.25-kilometer (0.77-mile) stretch of tunnels between Novena Rise and Toa Payoh Rise on Singapore’s North-South Corridor. The firm will also build two entry ramp tunnels, two exit ramp tunnels and facilities for commuters such as overhead bridges and bus stops along the stretch.
The North-South Corridor will be Singapore’s first integrated transport corridor featuring continuous bus lanes and cycling routes as well as commuter facilities, Samsung C&T said in statement.
The construction will begin at the end of this month and is expected to be completed by November 2026.
Civil contracts for the rest of the expressway are expected to be awarded between next year and 2019, according to the Singaporean authority.
BY KIM JEE-HEE