Dongyang Wins 120 Billion KRW Contract for National Assembly-daero Underground Road Construction Project
Construction of a 1090m Underground Road and Development of an Upper Park along Gukhoe-daero, Yangcheon-gu, Seoul
[Asia Economy Reporter Kim Suhwan] Dongyang, a subsidiary of Eugene Group, has succeeded in winning the contract for the 'National Assembly-daero Underground Road and Upper Park Civil Engineering Project.'
On the 18th, according to Dongyang, through a consortium formed with Kolon Global and Samchully ENG, they won the civil engineering contract for the 'National Assembly-daero Underground Road and Upper Park (Phase 2) Construction Project Section 1,' worth 120 billion KRW, commissioned by the Seoul Metropolitan Government's Urban Infrastructure Headquarters.
Through this project, Dongyang will construct a 1,090-meter-long underground road along National Assembly-daero in Yangcheon-gu, Seoul (from Hwagok Overpass Intersection to Sinjeong-dong 1060) and create a park on top of it. The construction period is expected to take 48 months from the start date.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
A Dongyang official stated, "It is especially meaningful to succeed in securing a public sector project at the beginning of the new year," adding, "We will strive to ensure a successful construction based on our abundant experience and excellent construction capabilities."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.