Daewoo Industrial Development Wins Construction Contract for Section 4 of Seoul Subway Line 7 Cheongna Extension

[Asia Economy Reporter Hwang Seoyul] Daewoo Industrial Development announced on the 8th that it has won the construction contract for Section 4 of the Cheongna Extension Line of Seoul Subway Line 7.

The Cheongna Extension Line construction project is an SOC project connecting the approximately 10.7km section from Seoknam Station on Seoul Line 7 (Seo-gu, Incheon) to Cheongna International City Station on the Airport Railroad. Section 4 construction covers the area from Changhae Culture Park in Cheongna-dong, Seo-gu, Incheon to around Cheongna 5 Bridge (1.646km).

The total construction cost is approximately 130.2284 billion KRW, of which Daewoo Industrial Development's share is 45%, about 58.6 billion KRW.

The construction period is from the 21st of this month until October 17, 2027.

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