Hyundai Engineering & Construction Wins 455.5 Billion KRW Philippine Railway Construction Project

[Asia Economy Reporter Kim Hyung-min] Hyundai Engineering & Construction announced on the 7th that it has signed a contract with the Philippine Department of Transportation for the Philippine South Commuter Railway Project construction (PKG CP S-04). This is a railway construction project of approximately 56km connecting downtown Manila to southern Calamba, with the company responsible for 3 sections totaling 32km. The contract amount is 455.46409 billion KRW, which corresponds to 2.52% of last year's sales revenue.