Daewoo Engineering & Construction (KRX:047040) has secured a 413.4 billion won construction order for a housing redevelopment project in Seoul, according to a bourse filing on Wednesday.
The contract covers 60% of the total 689 billion won project, which involves building 2,200 apartment units across 22 towers.
The project, awarded by the Sanggye District 2 Housing Redevelopment Association, has a 42-month construction period.