Daelim Industrial wins Thomson Line contract
17 June 2014Daelim Industrial Co., one of South Korea's leading builders, said on 2 June that it has landed a USD 239.2M deal to build part of the Thomson MRT Line, the sixth mass rapid transit line stretching north to south, in Singapore.
Awarded by the city-state's Land Transport Authority, the Thomson Line project involves building Outram Park station (T222) and its associated tunnels along the 30km line linking Woodlands North station with Marina Bay station in the south.
Daelim Industrial will take charge of the 1.42km section, including the underground station and a 1.2km tunnel. Construction is expected to take 79 months, with work to be completed in December 2020.
With the winning of the latest orders, Daelim Industrial will be able to further diversify its portfolio to public works and architecture from the current focus on oil refining and power plant building. Kim Dong-su, Daelim president, said, "We will strengthen our presence in the area of public works such as subways and bridges while putting more effort on taking business in Southeast Asia."
