Daewoo E&C-Singapore deal

SEOUL, March 27 (Yonhap) -- Daewoo Engineering & Construction Co., one of South Korea´s leading builders, said Wednesday that it has won a US$140 million order to build condominiums in Singapore.

Under the deal with City Developments Ltd., Singapore´s second-largest developer, Daewoo E&C will construct two 43-story buildings in Alexandra View in the city-state.

   
Daewoo said it expects to complete the buildings 36 months after starting construction next month.

The builder has clinched four orders in Singapore since its entry into the construction market of the city-state last year.

  
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