The Korea Herald

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POSCO E&C wins $48m order in Vietnam

By Korea Herald

Published : Dec. 1, 2013 - 19:20

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POSCO Engineering & Construction, a construction arm of South Korea’s largest steelmaker POSCO, said Sunday it has won a $48.6 million order to build an expressway in Vietnam.

POSCO E&C said it plans to complete the 13.9-kilometer section of the Ho Chi Minh City Long Thanh Dau Giay Expressway in 24 months after starting construction under a deal with the state-run Vietnam Expressway Corporation.

The company did not elaborate on when the construction would start for the latest Vietnam project. (Yonhap News)