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A Samsung C&T Corp.-led consortium has clinched a US$1.56 billion project to build a terminal at Taiwan Taoyuan International Airport.
Samsung C&T's stake in the consortium is worth $1.1 billion and accounts for 70 percent. The rest is held by Taiwan's RSEA Engineering Corp.
Under the deal, the consortium will build Terminal 3 that can have an annual customs clearance processing capacity of 45 million passengers.
Samsung C&T, the construction unit of Samsung Group, said it will take 60 months to complete the project.
The award came four days after Samsung C&T announced it has been given a S$604 million deal to build Singapore's Hougang interchange station and tunnels for the Cross Island Line.
