Shinsegae Construction Wins 132.7 Billion KRW Contract for Shinsegae Gangnam Store Renovation Project

Shinsegae Construction announced on the 29th that it has secured the renewal construction project for Shinsegae Gangnam Branch (Duty-Free/Pamie).

The contract amount is 132.7 billion KRW, which is 9.27% of the recent sales revenue. The contracting party is Shinsegae, and the contract period is until June 30, 2025. The initial contract was worth 65.7 billion KRW and was signed on April 24 of last year; this announcement reflects an adjustment to that amount.