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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.
Hoban TBM was awarded a KRW 102.9 billion contract for the Gripper TBM construction of Section 5 of the GTX-A railway line in Seoul, South Korea, covering a 4.4 km tunnel between Yeonsinnae and Seoul Station.