Namgwang Construction Wins 38.9 Billion KRW Office-tel New Construction Project

[Asia Economy Reporter Yoo Byung-don] Namkwang Construction announced on the 22nd that it has signed a contract worth 38.9 billion KRW with Geumha C&D for the construction of officetels in the Hyangdong District of Goyang, Gyeonggi Province.

The contract amount is 38,897,100,000 KRW, which corresponds to 16.47% of the 2019 sales. The contract period is 24 months from the actual start date of construction.