HJ Shipbuilding & Construction Wins KRW 104.4 Billion National Highway Project

MT Newswires Live
08/11

HJ Shipbuilding & Construction (KRX:097230) has won the Section 4 contract for the National Route 46 Namyangju-Chuncheon highway project, according to a bourse filing on Tuesday.

The total project value is approximately 174.0 billion won, with the company's 60% share amounting to 104.4 billion won.

The project involves extending 5.16 km of national road in Gapyeong-gun and Chuncheon-si, Gyeonggi-do, including the construction of six bridges.

The contract value represents 5.22% of the company's latest fiscal year sales of 1.999 trillion won.

The company noted that the details are subject to change during contract execution, with final terms to be disclosed upon signing the definitive agreement.

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