Kye-Ryong Construction Secures KRW103 Billion Construction Contract in South Korea
Kye-Ryong Construction Industrial (KRX:013580) secured a 103.3 billion won construction contract for the street-level housing redevelopment project in Gocheok-dong, Seol, according to a Thursday filing with the Korea Exchange.The contract with the Gocheok-dong Street-based Housing Redevelopment Association represents 3.58% of its 2025 sales.The contract is effective Wednesday, with construction scheduled to take 36 months from the actual start of work, and payment will be made based on the project progress.