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Contract award for the Access Road to Jeonggwan Regional Industrial Complex Project (Sector 2)
2005-05-11
□ Contract award for the Access Road to Jeonggwan Regional Industrial Complex Project (Sector 2)
1. Client: Public Procurement Service (for Construction Division of the Busan Metropolitan Government)
2. Contract amount: 87,435 million won in total
3. Ssangyong’s portion: 19,871 million won (not inclusive of VAT)
4. A consortium with SSangyong, Samsung, GS, Gwangil and Sammi (38 : 27 : 25 : 5 : 5)
5. Significance of the work: With the enhanced operational status and financial structure as well as technological prowess, the Company is now able to engage in this turn-key project side by side with the nation’s leading construction firms.