SK E&C wins $440 million to build a road in Hong Kong

Home > Business > Industry

print dictionary print

SK E&C wins $440 million to build a road in Hong Kong

SK Engineering & Construction said Monday that its consortium has won a $440 million order to build a six-lane road in Hong Kong.

Under the deal with Hong Kong’s Highways Department, the consortium will build the 500-meter-long (.31 miles) road in Yau Ma Tei West.

An SK E&C source said the construction work will likely commence within this year and could take about 84 months to complete.

SK E&C said it owns a 49 percent stake in the consortium, giving it $215.6 million in the order. Build King Construction, a Hong Kong construction company, controls the remainder.

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now