GS E&C, metropolitan-area urban renewal 2 projects won, bringing this year's cumulative total to 5 trillion won surpassed

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GS E&C 5month 30day, announced that it had successively secured construction rights for 2 metropolitan-area urban renewal projects. The company said it had won the construction rights for two projects. Both projects are located in the metropolitan area.

The orders secured that day amounted to 8,000 billion won on a single-day basis. With these orders included, GS E&C's cumulative orders for the year 5 exceeded trillion won. The company presented its cumulative order total as a disclosed figure.

The disclosure included the acquisition of construction rights for the projects and the cumulative order total. It was prepared based on the company's official announcement. Specific contract terms and construction start schedules can be found in a separate disclosure.

Given the nature of urban redevelopment projects, design, permitting and sales procedures remain to be completed. The specific construction start dates and sales schedules differ for each project. The company plans to disclose further updates on progress.

This contract win further increased GS E&C’s annual order intake. The company’s order status and related disclosures can be checked through investor disclosures. This announcement will be reflected in the company’s year-to-date cumulative order statistics.