Taeyoung E&C wins 84.74 billion won Korea Expressway road project contract update
Bitget2026/10/13 07:09- TAEYOUNG E&C disclosed an updated order for Expressway Route 400 Yangpyeong–Icheon construction project, Section 4, under a revised contract.
- Contract value: KRW 84.74 billion, including VAT, representing TAEYOUNG E&C’s 40.37% share.
- Counterparty: Korea Expressway Corp; work site in Sanbuk-myeon, Yeoju, Gyeonggi Province.
- Contract term: June 16, 2020 to Dec. 31, 2027; contract change date: Oct. 12, 2026.
- Value equals 3.9% of 2025 consolidated revenue of KRW 2.17 trillion; payments tied to progress milestones.
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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