Tag Archives | Daewoo

Companies Pre-Qualed for NOC Buildings in Benghazi

By John Lee. The National Oil Corporation (NOC) has announced the final results of the prequalification process for selecting a contractor to build the new NOC offices in Benghazi, which were designed by architects 3XKO: TGG Construction & Development LLP SEMBOL Construction Daewoo E&C Co., Ltd Hanwha E&C corporation Limak Ins. San. Ve Tic. A.S. […]

South Korean Construction Firms Consider Return to Libya

By John Lee. South Korean construction companies have visited Tripoli to assess whether they can restart work on three power station projects said to be worth LD 4 billion. According to Libya Herald, Hyundai and Doosan were building the 1400-MW Khaleej Power station at Sirte, which began in 2007; Daewoo was building the power station at […]

Libya is Daewoo's Top Customer

Daewoo Engineering and Construction has become the second Korean company to surpass $50 billion in cumulative overseas orders, after Hyundai Engineering and Construction first did so eight years ago, reports Chosun Ilbo. By country, Libya accounted for the most orders with $11.4 billion, followed by Nigeria with $6.7 billion, Algeria with $4.2 billion and Morocco […]

Marriott Plans to Reopen Tripoli Hotel

The JW Marriott hotel in Tripoli, which opened briefly before the Revolution, is now expected to be re-opened in 2014. Tripoli Post reports that the 307-room, 34-floor tower, which is owned by Korea's Daewoo E&C and the Libyan government, would reopen after undergoing repair and maintenance work to fix damage. It's a 5-star hotel located […]

Libya Pays Daewoo $204M to Build Hospital

South Korea's Daewoo Engineering & Construction Co Ltd has received a $204 million order to build a general hospital in Libya as it is beefing up operations in the North African market. The nine-storey hospital under the Swani Hospital Project will be located in Tripoli with 200 beds and additional facilities, and it will be […]