Ilseong Construction Signs Contract for 'Construction of Cambodia National University of Health Sciences Affiliated Hospital'

[Front row left: Lee Sang-hyun, Executive Director of Ilseong Construction Southeast Asia Headquarters; right: H.E. Dr. Youk Sambath, Deputy Minister of Health of Cambodia]

Ilseong Construction (CEO: Yoo Pil-sang) announced on August 26 that it has signed a contract for the construction of the Cambodia National University of Health Sciences Affiliated Hospital.

This project is an ODA construction commissioned by the Ministry of Health of Cambodia, funded by South Korea's EDCF (Economic Development Cooperation Fund), and involves building a general hospital with 200 beds, consisting of one basement floor and seven above-ground floors, in Phnom Penh, Cambodia.

The total contract amount is approximately 34 million USD (47.2 billion KRW), with a construction period of 28 months from the start date. The contract was awarded through a joint venture with Gyeryong Construction Industry.

A representative of Ilseong Construction stated, "This project is significant as it is the first hospital construction contract Ilseong Construction has secured overseas," adding, "In recent years, we have been carrying out numerous civil engineering projects in Cambodia, and by expanding into building construction, we have established comprehensive competitiveness as a leading construction company in the local market."

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