
SK Engineering and Construction Co. (SK E&C), one of South Korea's leading builders, said Monday that it has started work to bore the undersea tunnel below the Bosporus Strait. The company that secured the order in 2008 under a build-operate-transfer arrangement said a specialized 3,300 ton tunnel boring machine (TMB) has been employed to dig the 5.4-kilometer-long tunnel to link the towns of Kazlicesme and Goztepe, located across the strait from each other.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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