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POSCO Engineering wins $140 million contract in Indonesia
By Korea HeraldPublished : June 16, 2016 - 12:05
The subsidiary of Korea’s largest steelmaker POSCO specializes in building industrial plant and infrastructure facilities.
The $140 million project, awarded to POSCO Engineering-Wijaya Karya (WIKA) consortium, will see the construction of LPG-related facilities including two storage tanks.
POSCO Engineering holds 50 percent stake in the consortium. The project is expected to take about 36 months, and completion is scheduled for 2019.
By Choi He-suk (cheesuk@heraldcorp.com)
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Articles by Korea Herald
