GS E&C Raises Yeongtong Reconstruction Contract Value to KRW 1.05 Trillion

Bitget2026/11/05 05:40

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GS Engineering & Construction's Nov. 5, 2026, correction raised its Yeongtong District 2 reconstruction contract value to KRW 1.05 trillion.
The amended agreement increased the value from KRW 745.12 billion under the original contract dated Dec. 6, 2022.
The revised contract represents 11.62% of 2021 consolidated revenue, up from 8.25%.
Construction will take 42 months from commencement, compared with 36 months previously.
The Suwon project now comprises 3,737 homes across 29 buildings, down from 4,002 homes across 31 buildings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GS Engineering & Construction Corp. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261105800378), on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GS E&C Raises Yeongtong Reconstruction Contract Value to KRW 1.05 Trillion

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