Go to Contents Go to Navigation

GS E&C wins $107 mln bridge deal in Tanzania

All Headlines 12:06 July 24, 2018

SEOUL, July 24 (Yonhap) -- GS Engineering & Construction Co. said Tuesday it won a US$107 million order to build a bridge in Tanzania by 2021.

The builder secured the deal from the Tanzania National Roads Agency to build the 6.23 kilometer-long New Selander Bridge, the company said in a statement.

The Economic Development Cooperation Fund, a South Korean fund set up in 1987 to financially support social overhead capital projects in developing markets, will extend a loan of $91 million to support the project, it said.

This graphic image shows the New Selander Bridge in Tanzania. (Yonhap)
(END)

HOME TOP
Send Feedback
How can we improve?
Thanks for your feedback!