Hyundai E&C has posted record high overseas orders of over 80 billion dollars by opening the door to winning large-scale overseas projects for the second half of this year. This is the first time that any builder in Korea topped the 80-billion-dollar milestone. On August 4, Korea’s primary builder received an order valued at 671.5 million dollars, or 705.9 billion won, to build the South Beach Mixed Development Project developed jointly by City Development Ltd. (CDL), Singapore’s most leading real estate developer, and Malaysia-based real estate developer IOI Group. Thanks to the massive-scale project received, Hyundai E&C reached record high accumulated overseas orders worth 80.4 billion dollars. The achievement was made 45 years after the outfit had entered the overseas market by being awarded a deal to construct an expressway in Thailand in 1965. The South Beach Mixed Development Project, the largest in scale among recently-awarded building projects in Singapore, involves the construction of a high-end mixed-use building complex with 34-story and 45 story towers on the Beach Road packed with premium office buildings and hotels including Suntec City. The complex will accommodate hotel, office, residential and retail space with a total gross area of 150,000 square meters. The construction period will be 38 months.