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[orders/completion] Namgwang Consortium, Shinheung belongs, wins a $308M contract for Daegu Industrial Line Construction

07.13.2023

Namgwang Consortium, Shinheung belongs, won a $308M contract for the Daegu Industrial Line construction project (Section 2).

■ Construction Period: 60 months from NTP (Notice to Proceed)
■ Construction Amount: 396,100,000,000 KRW (39,610,000,000 KRW)
■ Client: Korea National Railway

■ Contract Type: Consortium Contract
- Namgwang (45%)
- Ssangyong (25%)
- Shinheung Construction (10%)
- Kukdong (10%)
- Hwasung (10%)

■ Related Links
https://www.dnews.co.kr/uhtml/view.jsp?idxno=202307131433000390477
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