South Korean construction services company SK Engineering & Construction Co. (SK E&C) announced that its consortium has won a $440 million order to build a six-lane road in Hong Kong.

Under the deal with Hong Kong's Highways Department, the consortium will build the 500-meter-long road in Yau Ma Tei West. The construction work will likely commence within this year and could take about 84 months to complete.

SK Engineering & Construction said it owns a 49 percent stake in the consortium, giving it $215.6 million in the order. Build King Construction Ltd., a Hong Kongese construction company, controls the remainder.

In January, SK Engineering & Construction Co. and Build King Construction won a separate $640 million order in Yau Ma Tei West. SK E&C had 40 percent of the consortium, giving it $256 million in the January order.