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2 clusters · 5 sources · 2 days · First seen · Last updated

Daewoo E&C construction project developments

Overview

Daewoo E&C has secured several major construction contracts across different sectors and regions. In South Korea, the company surpassed 5 trillion won in cumulative urban renewal orders following its selection for the Uijeongbu Ganeung District 4 redevelopment and the Seoul Seongsan Moa Town District 4 projects. These domestic projects involve the construction of residential units with a combined cost of approximately 715.3 billion won.

Expanding its international portfolio, Daewoo E&C also received a Letter of Acceptance to construct a 350 billion won fertilizer plant in Port Harcourt, Nigeria. Serving as the main contractor for a subsidiary of the Indorama petrochemical group, the company will build a facility designed to produce ammonia and urea. This project builds on the company’s history in the Nigerian market, where it has completed numerous projects since 1983.

Entities

Daewoo E&C · Uijeongbu · Port Harcourt · Nigeria · Indorama

Timeline

  1. [BUSINESS] 3 sources
    Daewoo E&C secures 350 billion won fertilizer plant project in Nigeria

    Daewoo E&C has won a 350 billion won contract to build a fertilizer plant in Nigeria, following the successful completion of three previous Indorama plant projects in the region.

  2. [BUSINESS] 4 sources
    Daewoo E&C surpasses 5 trillion won in urban renewal orders

    Daewoo E&C has secured two major urban renewal projects in Uijeongbu and Seoul, bringing its cumulative orders in the sector to over 5 trillion won.

Sources

biz.heraldcorp.com · linkmagazine.nl · namdonews.com · newstomato.com · socialvalue.kr