Friday, August 23rd, 2013
Currently there are two Korean companies actively engaged in these two nations, including Samsung C&T and Samsung Engineering. Park said, "The project undertaken by Samsung Engineering in India is almost at a completion stage. Although the 390-billion-won Banyu Urip project in Indonesia will be completed by August next year, there is little problem as it is being jointly carried out ExxonMobil."
As for Samsung C&T, he said, "Early this year it won a 250-billion-won project to build a section of subway line in Delhi. At present, there is no problem in financing and commissioning body."
"Hyundai Engineering & Construction is working on building a 750-billion-won geothermal power plant in Indonesia. But the project was commissioned by a Japanese company, which is safe from a possible financial instability in the country. As for GS E&C and Daewoo E&C, there is little to worry about either," Park added.