Samsung C&T's construction division announced on March 30 that it has won an order for the construction of Taiwan's Taoyuan International Airport Terminal 3 with a total construction cost of 1.8 trillion won ($1.6 billion).
The project was ordered by Taiwan's Taoyuan International Airport Corporation and is a project to expand the existing international airport.
Taoyuan Airport, which opened in 1979, is Taiwan's No. 1 international airport, located about 50 kilometers northwest of the capital Taipei, and has been working on Terminal 3 since the opening of Terminal 2 in 2010.
Samsung C&T formed a consortium with Taiwan's RSEA Engineering to win this project. The total amount of construction is $1.56 billion, of which Samsung C&T has a stake of 1.24 trillion won.
The construction period will be 60 months, and the construction of passenger terminal and boarding building, which can accommodate 45 million people a year with a total floor area of 550,000㎡, will be carried out.
Samsung C&T has drawn high reviews from the project owner through differentiated technology proposals such as large-scale ceiling construction using modularity technology accumulated at high-tech sites and space planning using BIM.
Samsung C&T has established itself as a strong force in airport construction based on its experience in many domestic and foreign airports.
Starting with the expansion of Incheon International Airport's first passenger terminal and boarding building, it also successfully completed Mongolia's Ulaanbaatar New International Airport in 2017.
In addition, it has been carrying out the ground improvement project of Hong Kong's Chek Lap Kok International Airport, Singapore Changi International Airport runway expansion project and Bangladesh's Dhaka International Airport expansion project.
"Through this order, we have once again firmly established our position of the top player in the airport construction project," a company official said. "We will continue to win high-quality projects centered on profitability based on global partnerships and accumulated competitiveness."
