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Tuesday 31 January 2017

Korea - wins US$ 3 bil. bid to build world's longest suspension bridge in Turkey: ARIRANG NEWS

Published on 31 Jan 2017
한일 수주 한국 대승, 터키에 세상에서 가장 긴 현수교 짓는다

Korean construction firms are chosen to build the world's longest suspension bridge. 

Lee Unshin introduces to us the Turkish project looked to breath life into Korea's costruction industry.
It's a project to build the longest suspension bridge the world has ever seen.

Dubbed the 'Canakkale 1915 Bridge,' it will span the Dardanelles Strait in Turkey, connecting the Lapseki district of Canakkale Province to the Gelibolu district, also known as Gallipoli. 

A Korean consortium made up of SK E&C, Daelim Industrial and Pyunghwa Engineering Consultants Limited... won the project with a bid of 3.5 trillion won, or about 3-billion U.S. dollars.

"This project will be longer than the current longest suspension bridge, Japan's Akashi Kaikyo Bridge, which is 2 kilometers long."

And not by a small margin, either -- the new bridge will stretch 3-point-7 kilometers.

Among the 24 global companies that bid on it, Japan's Itochu and IHI Corporation have also had their eyes on the project, with strong support from the Japanese government.

However, the Korean companies have been entrusted to build, operate and transfer it... thanks to their world-renowned construction skills and local network.

"We're known as one of the world's top-three builders of suspension bridges, with distinctive, independent technology and the skills to pull it off."

Daelim Industrial built the longest suspension bridge in Korea, the Yi Sun-shin-Daekyo Bridge.

And SK E&C, has participated before in numerous construction projects with Turkey, including the Eurasia Tunnel.

According to the International Construction Information Service,... last year the nation saw a 40-percent drop in earnings from global construction projects compared to the year before. 

But having clinched the bid for this multi-billion dollar project, anticipation is high for local builders this year.
Work on the Canakkale Bridge will begin in March and is expected to be finished by the year 2023.
Lee Unshin Arirang News.

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