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Ssangyong E&C wins bid for Donghae Port coal terminal construction
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Energy & Infrastructure

Ssangyong E&C wins bid for Donghae Port coal terminal construction

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Ssangyong Engineering & Construction has secured a contract to build a coal terminal at Donghae Port.
  • The project, valued at approximately 101 billion won, involves constructing a 100,000 DWT-class quay.
  • This win strengthens Ssangyong's position in the port and marine civil engineering market, following a previous contract for a breakwater construction.

Ssangyong Engineering & Construction has won the bid for the Donghae Port coal terminal construction project, a significant undertaking valued at approximately 101 billion won. The project, commissioned by the Public Procurement Service, aims to build a quay capable of accommodating 100,000 DWT-class large vessels off the coast of Guho-dong in Donghae City, Gangwon Province.

Ssangyong secured the contract through a comprehensive evaluation and bidding process, demonstrating its competitiveness in large-scale civil engineering projects. The construction is expected to take 60 months from the commencement date. This latest success follows Ssangyong's previous achievement in securing a breakwater construction project at Angyeung Port last year, further bolstering its track record in the maritime sector.

The company anticipates that the experience gained from constructing facilities for large vessels will enhance its competitiveness in the domestic port and marine civil engineering market. This contract, in addition to the Southern Inland Railway project secured earlier this year, underscores Ssangyong's robust capabilities in public infrastructure development.

DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.