# Hoban TBM wins 34.3 billion won contract for Dobongsan-Okjeong railway tunnel

Hoban TBM, a construction affiliate of Hoban Group, won a contract worth 34.3 billion won for the Gripper TBM construction work on Section 2 of the Dobongsan-Okjeong metropolitan railway in South Korea. The contract covers 3.2 km of tunnel boring and the construction period is about 54 months.

- Type: Contract
- Announced: 2020-03-17
- Where: Seoul/Gyeonggi Province, South Korea
- Value: $28.0M (34.3B KRW)
- Status: announced
- Products: tunnel boring machine (TBM) services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hoban TBM](https://endata.com/companies/44645.md)

## Sources

- [meconomynews.com](https://www.meconomynews.com/news/articleView.html?idxno=39211), 2020-03-17: "호반TBM은 도봉산-옥정 광역철도 2공구의 Gripper TBM 건설공사를 수주했다고 17일 밝혔다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.