Hyundai E&C wins 1.9 tln-won railway deal in Philippines
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10:04 September 18, 2022
SEOUL, Sept. 18 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's leading builder, said Sunday it has received a 1.9 trillion-won (US$1.4 billion) railway order in the Philippines.
Hyundai E&C will build a 56-kilometer railway connecting the capital city of Manila to the southern city of Calamba in the next six years, the company said in a statement.
The company said it recently received notification that it was awarded the order from the Philippine Department of Transportation.
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