Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
3
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
POSCO Engineering wins $140 million contract in Indonesia
By Korea HeraldPublished : June 16, 2016 - 12:05
[THE INVESTOR] POSCO Engineering Co. announced on June 16 that it has been awarded an LPG plant construction project from Indonesia’s state-run oil company.
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)
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)
-
Articles by Korea Herald
