GS E&C consortium to build Melbourne North East Link tunnels
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
A consortium including GS Engineering & Construction (GS E&C) has won its bid for a construction project in Australia, marking the Korean company's first entrance into the Australian market.
The Korean constructor said Thursday that the consortium, led by Italian industrial group Webuild, won a tunneling project from the Victoria government of Australia. GS E&C said it alone inked a 2.78 trillion won ($2.38 billion) deal. The company said the total size of the deal between the consortium and the government cannot be revealed.
The project is a primary package of the North East Link project, which aims to complete the missing link in Melbourne’s freeway network. As the population increases in the Australian city, the new network is expected to reduce traffic. The consortium will build three-lane twin tunnels approximately six kilometers in length (3.7 miles) that connect the Metropolitan Ring Road and the Eastern Freeway.
The project is run based on a public-private partnership. While private companies invest in infrastructure development and the operation of the infrastructure, the government offers support through tax deductions and funding.
Among the consortium, Capella Capital, John Laing, DIF, Pacific Partnerships, Webuild and GS E&C participated as equity investors, according to GS E&C.
BY KIM JEE-HEE [kim.jeehee@joongang.co.kr]
Copyright © 코리아중앙데일리. 무단전재 및 재배포 금지.
- Rating woes mean new girl group Kep1er faces uncertainty
- Actor Ahn Bo-hyun has a lot to thank 'Squid Game' for
- Lisa sets new record as her single hits 300 million views in just 48 days
- Secret Number makes a comeback as a six-member girl group
- Roh begged forgiveness from Gwangju victims
- [ANALYSIS] Samsung's Lee Jae-yong steps out of the shadows
- After 512 episodes, Yumi and her cells say their final goodbye
- Actors Lee Jung-jae and Lee Byung-hun to participate in 2021 Art+Film Gala
- Young people’s deaths after Pfizer vaccines are new worry
- 'BTS Permission to Dance on Stage' streamed across 197 countries