SWFI First Read, January 26, 2016

Ssangyong Engineering & Construction Lands Big Singapore Project

Ssangyong Engineering & Construction won a major mandate from Singapore’s Land Transport Authority on a subway construction project worth US$ 252 million in Singapore in partnership with Hyundai Engineering & Construction. Ssangyong Engineering & Construction will hold a 75% stake, while Hyundai Engineering & Construction will hold a 25% stake in the development. In early 2015, Ssangyong Engineering & Construction was bought by the Investment Corporation of Dubai (ICD).

RDIF and CDC Capital Discuss Investment Opportunities

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