Samsung Engineering Wins 470 Billion KRW Songdo Bioplant Contract

"Sartorius Songdo Campus Project Construction Contract Bid Intention Letter Received"

Samsung Engineering announced on the 1st that it has won a contract for the construction of a raw material plant for the bio sector in Songdo from the global life sciences company Sartorius.

Samsung Engineering stated that on the 31st of last month, it received a Letter of Intent (LOI) for the contract award of the Sartorius Songdo Campus Project worth 473.2 billion KRW from Sartorius Korea Operations.

The project involves building bio-pharmaceutical raw material production and auxiliary facilities in the Incheon Free Economic Zone in Songdo, Incheon. Disposable bags for biopharmaceutical production, pharmaceutical membrane filters, and cell culture media will be manufactured here. Samsung Engineering will independently carry out equipment procurement and construction work based on the completed design. The plant is scheduled to be completed in 2027.

Perspective view of the 'Sartorius Songdo Campus' contracted by Samsung Engineering. [Photo provided by Samsung Engineering]

Samsung Engineering employed a technology-competitiveness-based 'FEED to EPC (Front-End Engineering Design to Engineering, Procurement, and Construction) strategy.' It participated from the initial conceptual design and basic design stages and secured the contract through to the main construction. The company was involved throughout the entire project process.

With this contract, Samsung Engineering has secured a new global bio company client and expanded its business scope from bio-pharmaceutical plants to material plants.

A company representative said, "We will strengthen our position in the bio plant market by successfully executing projects with abundant regional and product experience and differentiated technological capabilities."

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