Namkwang Engineering & Construction Raises Saemangeum Contract Value to KRW 103.5 Billion
Bitget2026/11/02 07:54- Namkwang Engineering & Construction revised its Saemangeum Smart Waterfront City phase-one contract to KRW 103.5 billion from KRW 99.54 billion on Nov. 2, 2026.
- The revised value represents 22.98% of 2022 consolidated revenue, up from 22.1%.
- Total project value, including VAT, increased to KRW 206.06 billion from KRW 198.66 billion.
- The contract with Saemangeum Development runs from May 15, 2023, through Dec. 31, 2027.
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