Exclusive: S. Korea’s ‘Team Korea’ wins $1.4 bn contract for major highway in Türkiye

S. Korean consortium beats rivals from China, Italy, and Turkey

The contract is worth $1.4 billion and involves the construction of a 192-kilometer (119-mile) highway in the southern Turkish province of Mersin.

A South Korean consortium has won a $1.4 billion contract to build a major highway in Türkiye, beating out rivals from China, Italy, and Turkey, according to an exclusive report by Yonhap News Agency.

The consortium, led by Hyundai Engineering & Construction, was awarded the contract by the Turkish government on Wednesday. The contract involves the construction of a 192-kilometer (119-mile) highway in the southern Turkish province of Mersin.

The project is part of Türkiye's ambitious plans to upgrade its transportation infrastructure. The new highway will connect the city of Mersin to the Turkish capital of Ankara.

The contract is a major win for South Korea's construction industry. It is the largest overseas contract ever awarded to a South Korean company.

The project is expected to take five years to complete. Once completed, the new highway will help to improve transportation links between Türkiye and its neighbors.