SK E&C's silver town tunnel project named the ‘European Transportation Project of the Year'
SK E&C's silver town tunnel project named the ‘European Transportation Project of the Year'
  • Lee Jun-sung
  • 승인 2020.02.10 09:00
  • 댓글 0
이 기사를 공유합니다

 

The Silver Town Tunnel Project propelled by SK E&C in the Britain has been selected as the European Transportation Project of the Year by the global financial journal Project Finance International (PFI), a company spokesman said on Feb. 7.

The project is the first public-private cooperation project propelled by SK E&C in Western Europe. It will construct two one-way two-lane road tunnels connecting Silver Town and Greenwich through the lower part of the Thames River in London. It is a BOT (Build Operate Transfer) method that will be operated for 25 years after completion of construction and transferred to the City of London.

In November last year, SK E&C formed a consortium with Sintra of Spain and Macquarie of Australia, Aberdeen of the U.K. and other firms to raise about 1 billion pounds (1.5 trillion won) of total investment through Project Financing (PF) method.

Fourteen domestic and foreign financial institutions, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., the KDB Bank, Hana Bank, Woori Bank and Germany's KfW and the Britain’s Aviva, participated as major shareholders.

Last year, SK E&C’s Çanakkale project was also selected as the "Turkish Project of the Year" by PFI. The project is to build the world's longest suspension bridge across Turkey's Dardanelles Strait.

A total of 25 financial institutions from 10 countries participated in the project and raised 2.3 billion euros (about 3 trillion won) in the project in March last year.

"It is an honor to win a global financial award in Europe for the second consecutive year," said Ahn Jae-hyun, CEO of SK E&C. "As a global developer, we will seek business opportunities in various regions around the world."


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트