Hanshin Construction Selected as Preferred Negotiator for Pyeongtaek Public Housing Project, Securing 65.7 Billion Won Stake

Hanshin Construction has been selected as the preferred negotiator for the Pyeongtaek Godeok integrated public housing project ordered by the Korea Land and Housing Corporation.
The total project cost is approximately 657.2 billion won, with Hanshin's 10% stake valued at about 65.7 billion won, representing 5.7% of its 2025 consolidated sales of 1.1492 trillion won.
The counterparty is a state-run entity with high creditworthiness, ensuring stable project execution. The final contract has not been signed yet and will be disclosed upon confirmation.
[AI Summary]This selection provides Hanshin Construction with a significant revenue base of 65.7 billion won, contributing to growth. However, investors should monitor progress until the final contract is signed.