GS Engineering & Construction Secures KRW421.2 Billion Osan Residential Complex Project

MT Newswires Live

2025/11/28

GS Engineering & Construction (KRX:006360) won a contract worth 421.2 billion won to build a new residential complex in Osan's Naesam District A2 block, from O&TV Holdings.

The contract value represents 3.27% of the company's 2024 consolidated sales, and covers the construction of 11 apartment buildings with 1,517 units and various community facilities, the construction company said in a Friday filing with the Korea Exchange.

Construction work will begin on April 20, 2026, and is scheduled for completion by July 19, 2029.

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