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Woowon Development seals W33.5b railway construction deal

Oct. 20, 2016 - 15:59 By KH디지털2

[DISCLOSURE] Woowon Development (046940) announced on Oct. 20 that it has signed a 33.58 billion won (US$ 29.79 million) contract with Taeyoung E&C (009410) to build a double track railway for Byeollae Line, which amounts to 13.25 percent of its last year sales and expires May, 31, 2021.

By Yun Jeong-hyeon (clareyun@heraldcorp.com