Hyundai Construction Wins 1.7377 Trillion KRW Contract for Hannam Residential Redevelopment Project
[Asia Economy Reporter Eunmo Koo] Hyundai Engineering & Construction announced on the 11th that it has won a contract worth 1.7377 trillion KRW for the Hannam 3 Redevelopment Promotion Zone Housing Redevelopment Project from the Hannam 3 Redevelopment Promotion Zone Housing Redevelopment Project Association. The contract amount represents 10.06% of last year's consolidated sales, and the contract period is 37 months from the date of construction commencement notification. The project involves constructing a complex of 5,816 housing units and auxiliary facilities, with 6 basement floors and 22 above-ground floors, located at 686 Hannam-dong, Yongsan-gu, Seoul.
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