Yongnam Holdings' wholly owned subsidiary, Yongnam Engineering (HK), has secured two new specialist civil engineering subcontracts worth HK$166 million ($27 million).
In the first subcontract, Yongnam will supply about 2,000 tonnes of steel for the construction of temporary steel bridges between the Central-Wan Chai Bypass Tunnel's North Point Section and Island Eastern Corridor Link. Work is expected to be completed in April next year.
Yongnam will support the main contractor, Chun Wo-CRGL-MBEC Joint Venture, on the project, which is a 4km trunk road running between Central and Causeway Bay in Hong Kong.
In the second subcontract, Yongnam will undertake the design, supply, installation, and subsequent dismantling of 10,000 tonnes of struts at two of Hong Kong Mass Transit Railway stations for the Shatin to Central Link (SCL), namely Sung Wong Toi and To Kwa Wan, including the tunnels and entrances.
The main contractor for the MTR SCL project is Samsung-Hsin Chong Joint Venture. Works for the subcontract is expected to be completed by 2016.
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