[Asia Economy Reporter Oh Ju-yeon] Hyosung Heavy Industries announced on the 27th that it has signed a construction contract worth 112.4618 billion KRW for a residential-commercial complex in Oncheon-dong, Busan. This amount corresponds to 3.63% of the company's recent sales revenue.



The company explained, "This is a construction contract to build a residential-commercial complex with 7 basement floors and 36 above-ground floors in the Oncheon-dong area of Dongnae-gu, Busan Metropolitan City." The contract period is 42 months from the actual start of construction.


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