Hyundai E&C named preferred bidder for Macheon 5 redevelopment project worth KRW 1.1148 trillion

Hyundai Engineering & Construction was named preferred bidder for Seoul’s Macheon 5 redevelopment project on Sept. 30, 2026. The tender totals about KRW 1.1148 trillion excluding VAT, with Hyundai E&C allocated 100%; final contractor selection remains subject to a union members’ meeting vote.