Hanshin Gongyeong Wins 41.2 Billion KRW Laos Water Supply Project Contract
Hanshin Engineering & Construction announced on the 4th that it has secured a water supply project in Champasak and Saravan provinces, Laos, with a total contract amount of 41.2 billion KRW.
Hanshin Engineering & Construction Headquarters / Photo by Hanshin Engineering & Construction
View original imageThis project was commissioned by the Department of Public Works and Transport (DPWT) of Champasak Province, Laos. It involves developing regional water supply pipelines totaling 167 km in length across 8 areas in southern Champasak Province and 1 area in Saravan Province, constructing 9 intake towers and water treatment plants (with a total capacity of 20,600 m³/day), and building the water distribution network. The construction period is 30 months from the start of work.
A representative from Hanshin Engineering & Construction stated, "This is a result of once again being recognized for Hanshin Engineering & Construction’s technical skills and reliability," adding, "We are building a balanced sales portfolio through continuous acquisition of overseas construction projects." They further said, "Following the ongoing Pakse embankment project in Laos, this additional order in Laos marks a milestone contract, and we plan to expand our overseas business into the ASEAN construction markets such as neighboring Vietnam, Cambodia, and Indonesia."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Hanshin Engineering & Construction entered Vietnam in 2004 and has carried out over 20 diverse projects. Based on this experience, the company expanded into Cambodia in 2015 and Laos in 2017.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.