HJ Shipbuilding & Construction said on the 26th that it was selected as the winning bidder for the "Tagum flood control project" ordered by the Department of Public Works and Highways (DPWH; Department of Public Works and Highways) of the Philippines. The contract is worth 103.2 billion won, and the construction period is 48 months from the start date.
The project will build levees and bridges and dredge, widen, and rehabilitate rivers to prevent chronic flood damage in and around Tagum, Davao del Norte Province, on Mindanao in southern Philippines.
As climate change has recently increased the damage from natural disasters, the Philippine government has been pushing projects to solve chronic flooding in major river basins in cooperation with international organizations such as the Asian Development Bank (ADB). HJ Shipbuilding & Construction won the related "Pampanga flood control construction" project and completed it in Apr. last year.
HJ Shipbuilding & Construction said it has built trust by successfully carrying out more than 80 projects—including roads, ports, dams, airports, and shipyards—since entering the Philippine construction market in 1973.
An HJ Shipbuilding & Construction official said, "We will flawlessly complete the 'Tagum flood control project' to contribute to the safety of local residents and the development of the community, while further strengthening our competitiveness in the overseas infrastructure market."