Sungdo Engineering & Construction wins KRW 76.3 bln Simtec plant expansion contract

Sungdo Engineering & Construction won a KRW 76.3 billion plant expansion contract for Simtec’s Ochang plant in Cheongju, South Korea. The contract value is equivalent to 10.26% of SUNGDO Engineering & Construction’s fiscal 2025 consolidated revenue. Work is scheduled from Oct. 7, 2026, to July 31, 2027.