Ssangyong Engineering & Construction has secured a contract for a large hospital project commissioned by the Singapore Ministry of Health.
Ssangyong Engineering & Construction, with a 40% stake (approximately USD 230 million, approximately KRW 340 billion), has formed a joint venture with Japan's Shimizu and Singapore's Kimly to win the contract for the Alexandra Hospital outpatient ward project, valued at approximately USD 580 million (approximately KRW 800 billion).
The outpatient ward, which will be constructed on a large scale with three basement levels and 12 above-ground floors, including clinics, offices, and parking facilities, saw bids from Chinese companies, but the Ssangyong Construction JV prevailed in the competition.
A representative from Ssangyong Engineering & Construction stated, "Prior to this contract, we demonstrated our construction and management capabilities for complex hospital projects through the WHC project, which was completed six years after overcoming the challenges of COVID-19. The top-tier construction quality shown in the WHC project was highly evaluated by the client, which enabled us to secure this contract."
Jeong Jin-su
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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