Korean builder strives to become one of the world’s 100 largest construction firms
Hanwha Engineering and Construction Corp. began work on the world’s largest domed arena in the Philippines on Thursday.
The work for the $175 million contract, signed on Aug. 4, got underway in a ceremony attended by Hanwha E&C officials including vice chairman Kim Hyun-chung and those from the Filipino Christian organization Iglesia Ni Cristo that issued the contract.
Hanwha E&C vice chairman Kim Hyun-chung (right) and chief of Iglesia Ni Cristo Eduardo Manalo shake hands after the groundbreaking ceremony near Manila on Wednesday. (Hanwha E&C)
The facility located near Manila, named the Philippine Arena, will be fitted with 50,000 seats and its domed roof will be nearly 36,000 square meters, making it the world’s largest domed arena, the company said.
Hanwha E&C said that the work will be carried out over 30 months to be finished early 2014.
“By winning this contract for building the world’s largest dome arena, the company was able to prove its technological capabilities and the ability to carry out overseas projects,” Kim said in a statement. The company said that in the biddings for the contract, it competed with China’s Jiangsu International and the Philippines’ largest construction company EEI Corp. The project will be conducted in design-build process in which the contractor is responsible for all related processes from designing to building the facility, the company said.
By Choi He-suk (cheesuk@heraldm.com)
Source: http://www.koreaherald.com/national/Detail.jsp?newsMLId=20110818000649
Hanwha Engineering and Construction Corp. began work on the world’s largest domed arena in the Philippines on Thursday.
The work for the $175 million contract, signed on Aug. 4, got underway in a ceremony attended by Hanwha E&C officials including vice chairman Kim Hyun-chung and those from the Filipino Christian organization Iglesia Ni Cristo that issued the contract.
Hanwha E&C vice chairman Kim Hyun-chung (right) and chief of Iglesia Ni Cristo Eduardo Manalo shake hands after the groundbreaking ceremony near Manila on Wednesday. (Hanwha E&C)
The facility located near Manila, named the Philippine Arena, will be fitted with 50,000 seats and its domed roof will be nearly 36,000 square meters, making it the world’s largest domed arena, the company said.
Hanwha E&C said that the work will be carried out over 30 months to be finished early 2014.
“By winning this contract for building the world’s largest dome arena, the company was able to prove its technological capabilities and the ability to carry out overseas projects,” Kim said in a statement. The company said that in the biddings for the contract, it competed with China’s Jiangsu International and the Philippines’ largest construction company EEI Corp. The project will be conducted in design-build process in which the contractor is responsible for all related processes from designing to building the facility, the company said.
By Choi He-suk (cheesuk@heraldm.com)
Source: http://www.koreaherald.com/national/Detail.jsp?newsMLId=20110818000649
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