Hyundai E&C Wins 1.05 Trillion Won Seoul Apartment Reconstruction Contract

Bitget2026/10/28 23:06

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Hyundai Engineering & Construction signed a KRW 1.05 trillion reconstruction contract on Oct. 28, 2026.
The project covers apartments and associated facilities in Apgujeong Special Planning Zone 5 in Seoul’s Gangnam district.
The contract value represents its 70% share, excluding VAT, equivalent to 3.4% of 2025 consolidated revenue.
Construction will take 67 months from the actual start, excluding demolition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyundai Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261029800011), on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyundai E&C Wins 1.05 Trillion Won Seoul Apartment Reconstruction Contract

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