Home THE DAILY EDGE Business Koon Holdings bags first overseas contract worth $226m to build Sao Bien Int'l port in Vietnam
Koon Holdings bags first overseas contract worth $226m to build Sao Bien Int'l port in Vietnam

Tags: Koon Holdings

Written by The Edge   
Wednesday, 24 February 2010 13:48
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Koon Holdings, the civil engineering group specialising in reclamation and shore protection, says its subsidiary, M/s Koon – Top Pave Joint Venture, has been awarded a US$160 million ($226 million) contract for the turnkey design and construction of Sao Bien International Port in Ba Ria, Vung Tau, Vietnam.

Located along the petrochemical belt of Vietnam, Sao Bien port will have a total wharf length of 776m, total container handling capacity of 37,464TEU and be able to handle vessels of up to 30,000dwt. The project will employ a range of specialised civil engineering services such as dredging, soil improvement and the construction of marine infrastructure. Work on the project will start immediately and will last 42 months.

The group will now have an outstanding order book of $281 million.

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Last Updated on Wednesday, 24 February 2010 13:50