GTX-C Seoul: 3.2 Billion Euro Express Rail Resumes Construction After 2.5-Year Halt
After 2.5 years of stagnation, South Korea’s largest rapid transit project is moving forward again – this is a signal for the entire region. Such cost debates are normal, but the lack of flexibility in price adjustment clauses leads to long delays that end up being more expensive. For German construction companies, this shows: in Asia, rigid contracts are a risk, and anyone who wants to work there long-term must reckon with renegotiations.
GTX-C Seoul: 3.2 Billion Euro Express Rail Resumes Construction After 2.5-Year Halt Read More »









