Taeyoung Construction announced on the 5th regarding the report titled 'Will they win the 282.2 billion KRW Chuncheon Water Treatment Facility Relocation Project?' that "The Chuncheon Public Sewage Treatment Facility Relocation Modernization Private Investment Project, in which we are participating as the contractor, has passed the Ministry of Economy and Finance's private investment review and an implementation agreement has been signed with Chuncheon City."
They added, "We plan to sign the construction contract after the approval process for the detailed design." The expected contract amount is approximately 109 billion KRW, with Taeyoung Construction holding a 43% stake of the total estimated construction cost of 253.5 billion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

