CityLabs Signs Service Contract Worth 7 Billion KRW with Korea Expressway Corporation

[Asia Economy Reporter Kwon Jaehee] City Labs announced on the 1st that it has signed a service contract worth 7 billion KRW with the Korea Expressway Corporation Seoul Metropolitan Headquarters for the operation and management of the Seoul Cheong national road ITS from 2022 to 2023. This amount corresponds to 6.18% of the sales revenue in 2020.