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HDC Hyundai Development Company Wins KRW 140 3 Billion Won Highway Project in Gyeonggi Province

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HDC Hyundai Development Company (KRX:294870) has been selected as the winning bidder for Section 2 of the 2nd Gyeongchun National Highway project, valued at 140.3 billion won for the company's 60% share.

The 6.89-kilometer stretch between Namyangju and Chuncheon includes ten bridges and six tunnels, with the selection confirmed on Aug. 3, according to a bourse filing on Wednesday.

This contract represents approximately 3.4% of the company's 2025 consolidated sales of 4.147 trillion won.

The final amount remains subject to change upon contract execution, with further details to be disclosed later.

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