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Chairman and CEO S. Joon Kim Examines Singaporean Project Sites Amid the Pandemic

2021-04-29

Ssangyong E&C’s Chairman and CEO S. Joon Kim headed to Singapore to personally examine overseas project sites.

 

The company announced on April 29 that the Chairman and CEO headed to Singapore on the 27th to check the progress of construction projects and discuss pending issues with clients. Currently, it is involved in five construction projects totaling some USD 1.8 billion in Singapore, including the Woodlands Health Campus (WHC) construction project.

 

This business trip is the Chairman and CEO’s first one in 14 months since his trip to Dubai, UAE in February of last year. According to Ssangyong E&C, he pushed ahead with the trip because the limitations inherent in online meetings reinforced his desire to directly monitor the project sites and meet clients in person.

Woodlands Health Campus (HWC) is the company’s largest project in Singapore. It involves the construction of eight buildings (B4/7F) featuring 1,800 hospital beds on a 76,600-square-meter site. The project value is USD 740 million.

 

In addition to the WHC site, Chairman and CEO S. Joon Kim plans to visit three large-scale civil engineering sites to identify pending issues. The company is currently working on the construction of the N102 and N111 sections of the North-South Corridor (worth some USD 750 million) and the TEL 380 section of the Thomson East Coast Line. These are civil engineering projects commissioned by Singapore's Land Transport Authority (LTA).

 

 “Overseas project sites are large in scale and associated with many variables and pending issues. Video conferences and phone discussions are unable to fill the gap,” a company official said. “Even though the pandemic has made business trips difficult, our chairman and CEO visited Dubai at the end of last year and managed to significantly increase the project value from some USD 700 million to 1.3 billion.”