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Samsung C&T as prime bidder for Turkey hospital

Nov. 21, 2012 - 22:21 By Korea Herald
A consortium led by Samsung C&T Corp., the construction and trading arm of South Korea’s Samsung Group, has been selected as a preferred bidder for a $750 million project to build a large hospital in Turkey, a Samsung official said Wednesday.

The order placed by Turkey’s government calls for the construction of a 540,000-square-meter hospital in the southeastern Turkish city of Gaziantep, according to the official.

The South Korean builder is expected to win a portion worth $180 million out of the $750 million, the official said.

Turkey plans to announce whether the consortium will clinch a formal deal in the second half of next year. (Yonhap News)