A joint venture led by Samsung C&T Corporation has been awarded a £256M contract to improve the seabed under the prospective third runway project in Hong Kong.
Under the joint venture with Hong Kong contractor Build King, Samsung C&T’s share accounts for 70% or £180M out of the total £256M civil engineering contract. The contract was awarded by Airport Authority Hong Kong.
The project is the first stage for developing the three runway system (3RS) at Hong Kong International Airport, which is aimed at expanding current Hong Kong international airport into a three-runway system.
Samsung C&T said that it was responsible for the improvement of soft ground located approximately 7m below the sea. It said that this would be carried out using a deep cement mixing method before land reclamation for the third runway takes place.
Construction work will begin in August 2016 and is expected to take 20 months to complete.
“We are honoured to be part of the 3RS project, which we understand is meaningful for Hong Kong‘s further development,” said Samsung C&T head of civil infrastructure business unit Hans Whang. “Even though challenging, we are certain that by working closely together with our trusted partners and maintaining a strong emphasis on safety and quality, this project will have outstanding results,” he added.