Ilseong Construction Wins 21.5 Billion KRW Contract for Improvement of Four Bridges in Gangwon Province
[Asia Economy Reporter Ji Yeon-jin] Ilseong Construction announced on the 22nd that it has won a contract worth 21.5 billion KRW from the Korea Rail Network Authority for improvement and other works on four bridge structures, including the Banggicheon Bridge on the Yeongdong Line.
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The project involves upgrading four locations: Banggicheon Bridge in the Dongjeom area of the Yeongdong Line, Hwangjicheon Bridge No. 1 in Sangjang-dong, Taebaek-si, Gangwon-do, Gwangsan Bridge in Jeongseon, Gangwon-do, and Baeksancheon Bridge No. 1 in Taebaek. This contract will be carried out jointly with Jinseong Construction, with Ilseong Construction holding an 80% stake in the contract amount for this project.
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