Taeyoung Engineering & Construction Wins 218.2 Billion Won Contract for Gwacheon Urban Expressway Project
Taeyoung Engineering & Construction has won the contract for the Gwacheon-Umyeonsan Urban Expressway Relocation Project, valued at approximately 218.3 billion won.
According to a public disclosure by Taeyoung Engineering & Construction on June 23, as posted on the Financial Supervisory Service's DART system, the company was awarded the contract for the relocation (underground construction) of the Gwacheon-Umyeonsan Urban Expressway by Korea Land & Housing Corporation (LH) the previous day.
The contract amount is 218,278,272,725 won, which is equivalent to 10.04% of the company's most recent sales.
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This project covers a 3.04-kilometer section of urban expressway between Maggye-dong and Juam-dong in Gwacheon, Gyeonggi Province, with the contract period running from August 31, 2026 to October 31, 2031.
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