The Korea Herald

지나쌤

Korea-led consortium wins $3b deal to build Turkey's Canakkale bridge

By KH디지털2

Published : March 17, 2017 - 10:45

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An international consortium led by major South Korean builder SK E&C has inked a deal to build the world's longest suspension bridge in Turkey, government officials in Seoul said Friday.

The deal, said to be worth some $3 billion, was signed in Ankara on Thursday, according to officials from the Ministry of Land, Infrastructure and Transport.

This photo provided by SK E&C shows a rendered image of the Canakkale 1915 Bridge, which will become the world's longest suspension bridge when built. (Yonhap) This photo provided by SK E&C shows a rendered image of the Canakkale 1915 Bridge, which will become the world's longest suspension bridge when built. (Yonhap)

The signing ceremony was also attended by South Korean Minister Kang Ho-in and his Turkish counterpart Ahmet Arslan, they said.

Under the deal, the South Korean builder and its partners will build a 3.7-kilometer suspension bridge, known as the Canakkale 1915 Bridge, in Canakkale, a seaport located in the northwestern end of Turkey.

The SK E&C-led consortium was named the sole preferred bidder in late January. The consortium consists of four companies, including South Korean builder Daelim and Turkey's Yapi Merkezi Construction and Industry.

Arslan was quoted as saying the new bridge will not only improve the convenience of people in Canakkale but also boost the local economy.

Kang expressed hope the project will further improve the countries' ties.

"South Korean companies will share their development experience with Turkey," he said at the ceremony, according to ministry officials. (Yonhap)