[Asia Economy Reporter Kwon Jaehee] GS Construction announced on the 27th that it has been selected as the contractor for the Bugok 2 District redevelopment and maintenance project, supplying 2,008 apartment units in the area of 279 Bugok-dong, Geumjeong-gu, Busan. The estimated construction cost is 643.8 billion KRW, which corresponds to 7.12% of the 2021 sales revenue.
The construction period is 43 months from the actual start date.
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