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Daewoo Engineering & Construction Secures KRW1.268 Trillion Housing Project

-- Daewoo Engineering & Construction (KRX:047040) secured the Shinheung District 3 public-participation redevelopment project, valued at 1.268 trillion won, from Korea Land and Housing Corporation, according to a Thursday filing with the Korea Exchange.

The project includes 3,584 housing units across 24 residential buildings, and is slated for completion in 54 months from the start date of demolition works, the filing said.

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