South Korean contractor shows signs of possible violation at road project

Jan 25th at 10:53
25-01-2016 10:53:11+07:00

South Korean contractor shows signs of possible violation at road project

A $27 million road in the central province of Thanh Hoa built by a South Korean contractor using fund borrowed from the South Korean government is in disrepair shortly after construction stopped, according to newswire phapluatplus.vn.

The road starts at a junction with Le Lai road and ends at a junction with Nguyen Trai road. It was part of the project for socio-economic development of Thanh Hoa city with the Thanh Hoa People’s Committee as the investor. Construction started in April 2012 and finished in April 2014. The contractor is Kukdong Sambo, the consortium between two South Korean companies namely Kukdong Engineering & Construction and Sambo Engineering & Construction.

As of now the road is cracked, with parts sinking, and parts unfinished. The quality of the concrete does not meet the standard specified in the design. The amount of cement is lower than designed at some parts. Concrete in some parts is not reinforced. Some manholes do not have lids.

People suspected that the contractor misappropriated funds in order to take some money for themselves. According to phapluatplus.vn the contractor as well as the consulting company were no longer in Vietnam.

Kukdong E&C, established in 1947 as Daeyoung E&C, was the contractor in some major projects in South Korea and internationally such as Seoul-Busan Expressway, Daegu World Cup Stadium, Korea World Trade Tower and the Petronas Twin Towers. Meanwhile, Sambo E&C, established in 1976, has also been involved in many civil engineering projects in South Korea and other countries.

In late 2013, South Korean contractor Posco E&C was involved in a scandal in which they did not build the Ho Chi Minh City-Long Thanh-Dau Giay expressway according to design, specifically the depth of the foundation as well as the road barrier did not meet the requirement. The investor, Vietnam Expressway Corporation (VEC), asked Posco to pay VND240 million ($11,000) to fix the parts and fired some people in charge, who were from Posco as well as VEC and the project management unit.

vir



NEWS SAME CATEGORY

Keangnam faces fresh controversy over unpaid taxes

South Korean developer Keangnam Enterprise Ltd. is facing difficulties in Vietnam due to a series of tax issues arising from its key construction projects in the...

Local companies urged to study EU regulations

Vietnamese firms involved in fishery and agricultural products were urged to study the sanitary and phytosanitary measures (SPS) of the European Union (EU) markets...

Hai Phong attracts more investment

The northern city of Hai Phong has so far attracted approximately US$2.26 billion in investments, including $1.8 billion in foreign direct investment, into its...

Consumer price index holds steady

The country's consumer price index (CPI), during the first month of 2016, remained unchanged compared to the previous month, the lowest level for the past decade...

Exporters' outlook for 2016 remains mixed

Vietnamese export firms have mixed feelings, both happy and worried, about business prospects for this year.

VN, EU reach wood product deal

Viet Nam and the EU last week reached important agreements during their fifth round of negotiations on the Voluntary Partnership Agreement (VPA) on Forest Law...

Vietnam carrier to inaugurate Hanoi-Taipei service in Feb

Vietnamese low-cost airline Vietjet will introduce a new flight route from Hanoi to Taipei starting next month.

Vietnam’s Viettel teams up with Opera to launch “all you can eat” app store

Vietnamese military-run mobile carrier Viettel has partnered with Opera to launch an app store that offers the country’s lowest weekly app subscription plan, the...

Vietnam’s Tan Hiep Phat hit by fresh fly-in-bottle dispute

Vietnamese beverage maker Tan Hiep Phat Group and its flagship energy drink have grabbed national headlines again as a consumer found an alleged fly inside an...

Malaysian firm wins contract for Vietnam’s computerized lottery operation

Malaysia’s Berjaya Corp Bhd (BCorp) said Thursday it has been awarded an investment license to operate a nationwide computerized lottery in Vietnam for nearly two...


MOST READ


Back To Top