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CEC awarded CF670A Contract for Taipei MRT Circular Line South Section as backlog hits record high of NT$80 bn

Continental Engineering Corporation (CEC), a subsidiary of Continental Holdings Corporation (TWSE:3703) has been selected by Taipei City’s Department of Rapid Transit Systems as the most advantageous tender for CF670A Contract for the south section of Taipei MRT Circular Line. This newly awarded contract has a total value of NTD 8.838 billion (tax included), bringing CEC’s backlog to NT$80 billion, setting a new record high.

This project comprises of the construction of two stations Y01 and Y1A, one crossover, two shield tunnels with a length of 937m and 940m respectively, together with the associated Mechanical and Electrical services.

CEC is a leading engineering and construction company in Taiwan dedicated to providing superior services while upholding the highest safety and quality standards. The company takes on large-scale transportation infrastructure projects, with some of its ongoing MRT projects including Taipei MRT Circular Line, Taipei MRT Wanda Line and the Taoyuan MRT Green Line, etc.