Daewoo E&C to Advance Payment of Construction Fees to Partners Before Chuseok... Cash 300 Billion Won
Daewoo E&C announced on the 31st that it will advance the payment of construction fees before the Chuseok holiday as part of win-win cooperation and mutual growth with its partner companies.
The total amount of construction fee payments is approximately 300 billion KRW, all of which will be paid in cash, and the target companies number about 500.
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A Daewoo E&C official said, "We hope this will help alleviate the financial difficulties of partner companies struggling with rising raw material costs and labor expenses, even if only a little," adding, "We will continue to seek various support and cooperation measures."
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