Daewoo E&C selected as sole bidder for W10.7tr airport project

Daewoo Engineering & Construction said Thursday it has been selected as the sole negotiating partner for the land reclamation project for the Gadeokdo New Airport in Busan, marking a key step toward advancing one of Korea’s largest infrastructure development projects. According to Daewoo E&C, it officially notified the Public Procurement Service of its intention to proceed with a negotiated contract for the project the previous day. The procurement agency had earlier informed the company that it

By The Korea Herald