Daelim Consortium Selected as Preferred Bidder for Private Sector-invested GTX-A Project
DATE 2018.04.26
VIEW 2001
Selected as Preferred Bidder for Private Sector-invested GTX-A Project
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Shinhan Bank Consortium, where Daelim participated as the main construction company, is set to be selected as the preferred bidder for the KRW 3.3 trillion GTX (Great Train Express) A project. The Consortium passed screening with the highest score on April 26, having been rated excellent in the technology and price competitiveness aspects.
When GTX connecting Paju-Seoul-Dongtan is completed,
the commuting time between Gyeonggi and Seoul is forecast to decrease sharply.
The GTX A project involves building a great train express railway in the 83.1km section, namely Paju-Seoul-Dongtan. The 39.5km section from Dongtan to Samseong Station is built with government financing, and the 43.6km section from Woonjeong to Samseong Station, with private investment. The section built this time is the private sector-invested section, with Daelim (32%), Daewoo (20%), SK E&C (20%), Korea Development Corporation (4.5%), and Samho (4.5%) participating in the construction. In early May, negotiation with the government will be undertaken by organizing a negotiation group, and construction will kick off after signing the implementation agreement and financial agreement.
