Hyundai Engineering & Construction Wins 1.9 Trillion KRW Contract for Southern Philippines Urban Railway Project

Order Received for 3 Sections Out of Total 56km Extension

Perspective view of the Southern Philippines urban railway. (Provided by Hyundai Engineering & Construction)

[Asia Economy Reporter Kim Hyemin] Hyundai Engineering & Construction has secured a contract worth a total of 1.9 trillion KRW for an urban railway construction project passing through Manila, Philippines.

Hyundai Engineering & Construction announced on the 18th that it received the notification of award for the South Philippine Urban Railway Sections 4, 5, and 6 project, commissioned by the Philippine Department of Transportation.

This project involves the construction of a railway approximately 56 km in total length, connecting downtown Manila to southern Calamba. Hyundai Engineering & Construction will be responsible for 3 out of the 9 sections, constructing 9 aboveground stations and about 32 km of elevated bridges. The construction period is 57 months from the start date.

As the lead contractor for the project, Hyundai Engineering & Construction will oversee all construction work except for some foundation work involving Dong-A Geotech. The portion of the project handled by Hyundai amounts to about 1.7 trillion KRW, which is 90% of the total scale.

Hyundai Engineering & Construction successfully re-entered the Philippine construction market after 34 years by winning the northern section of the Philippine North-South Railway through a strategic bid in 2020. A Hyundai Engineering & Construction official stated, "This achievement is the result of recognition for our technical capabilities in the northern section of the Philippine North-South Railway project and our extensive experience in large-scale railway construction projects both domestically and internationally."

Hyundai Engineering & Construction plans to strengthen cooperation for the development of Philippine infrastructure, anticipating that the Philippine government, which was inaugurated this year, will continue large-scale infrastructure development.

A Hyundai Engineering & Construction official said, "This contract win is a valuable achievement accomplished despite the global construction industry's contraction and difficulties in overseas orders due to COVID-19. We plan to continuously enhance our status as a global top-tier company by strengthening competitiveness and promoting future growth engine projects."

Meanwhile, Hyundai Engineering & Construction has carried out a total of 14 global subway and railway projects across 7 countries since starting with the Northern Iraq High-Speed Railway in 1982. Recently, it has consecutively secured global railway construction contracts, including the Panama Metro Line 3 project in 2020, the northern section of the Philippine North-South Railway, the Saudi NEOM Line railway tunnel project in June this year, and now the South Philippine Urban Railway project.

This content was produced with the assistance of AI translation services.