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-- Largest construction order ever from tsunami-hit Indonesia

Ssangyong Engineering and Construction said it has won a US$108 million order to rebuild roads in Aceh, Indonesia, the largest ever construction order from the Southeast Asian country which was devastated by a tsunami in 2004.

The order by the U.S. Agency for International Development (USAID) calls for Ssangyong Engineering to recover a 104.4 km-long, two-lane road between Banda Aceh and Calang while building or reconstruct 17 bridges across the country. The construction will be completed in 33 months.

Ssangyong could receive the largest ever order from Indonesia as it met the USAID""s strict acquisition standards. The USAID is an organization established by the U.S. to provide assistance to poor and underdeveloped countries.

Ssangyong successfully proved its world-class competitiveness both in construction and engineering by beating such global rivals as Japan""s Shimizu and Tobi, Germany""s Ed Zublin, Australia""s Thiesss and Turkey""s Kolin during the bidding process.

"Indonesia wished that the large-scale construction project translates in more jobs and technology transfer. We knew it and sought a joint venture with Indonesia""s No. 1 engineering firm PT.Hutama Karya, which we believe helped us to win the order, " a Ssangyong official said.

The Korean builder, which is currently engaging in the Plaza Indonesia Extension project in Jakarta, has completed a total of 25 construction orders there, leading other overseas builders in terms of orders obtained in the Southeast Asian country.

Ssangyong is also one of the world""s largest construction companies, with a lot of experience in building such high rises as Switzerland""s 73-story Stamford Hotel, Singapore""s Raffles City Complex and two of Dubai""s three major hotels. Stamford Hotel is listed in the Guinness Book of Record. Ssangyong is the world""s second-largest hotel room constructor, with its overseas orders reaching $5.6 billion.