SEOUL, March 30 (Yonhap) — Samsung C&T Corp., the construction unit of Samsung Group, said Tuesday its consortium has clinched a US$1.56 billion project to build a terminal at Taiwan Taoyuan International Airport.
Under the deal with Taoyuan International Airport Corp., the Samsung C&T-led consortium will build Terminal 3 that can have an annual customs clearance processing capacity of 45 million passengers.
Samsung C&T said it will take 60 months to complete the project.
Samsung C&T said its stake is worth $1.1 billion and accounts for 70 percent. The rest is held by Taiwan’s RSEA Engineering Corp.
The latest deal came four days after Samsung C&T announced it has won a S$604 million (US$448) deal to build Hougang interchange station and tunnels for the Cross Island Line, Singapore’ eighth Mass Rapid Transit line.