Daewoo E&C wins $630M contract for Yongin semiconductor national industrial park

Daewoo E&C has been selected as the winning bidder for the first section of the Yongin semiconductor national industrial park by LH. The contract is worth 868.6 billion won excluding VAT, with Daewoo holding a 48% stake worth about 416.9 billion won. The 3.45 million sq m site covers roughly 44% of the cluster.

• Contract value is 868.6 billion won excluding VAT; Daewoo's 48% share is 416.9 billion won
• Section 1 spans about 3.45 million sq m in Yongin, 44% of the cluster
• Project uses the CMR model; the consortium scored 310.8 points
• It is LH's largest order of 2026