Namkwang Engineering wins KRW 344.17 billion contract for Yongin semiconductor cluster project

Namkwang Engineering & Construction won a construction contract for the Yongin Advanced System Semiconductor Cluster national industrial complex, Package 1. Contract value KRW 344.17 billion, equal to 96.29% of 2025 consolidated revenue. Client is Korea Land & Housing Corp.; project location is Yongin, Gyeonggi Province. Work is scheduled from Oct. 28, 2026 to July 28, 2032; contract signed Oct. 12, 2026. Payment terms are progress-based; contract value excludes VAT and reflects a 40% stake in the KRW 860.43 billion total. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namkwang Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261013800148), on October 13, 2026, and is solely responsible for the information contained therein. (C)