[Edaily Reporter Kim Hyung-il ] Woowon Development Co., Ltd.(046940)has been awarded a contract worth 67.9 billion won for the construction of the Southern Inland Railway. This amount represents 18% of the company’s revenue from last year.

According to the Financial Supervisory Service’s electronic disclosure system on the 8th, Woowon Development Co., Ltd. signed a contract with Ssangyong Construction for the “Southern Inland Railway (Gimcheon–Geoje) Construction Project, Section 5-2: New Subgrade Construction and Other Works.” The contract amount is 67.87 billion won, which represents 18.03% of last year’s consolidated revenue of 376.34935 billion won.

The construction site is located in the area around 260 Samga-ro, Samga-myeon, Hapcheon-gun, South Gyeongsang Province. The contract period runs from October 8, 2026, to December 31, 2031—approximately 5 years and 2 months.

The contracting party is Ssangyong Construction, and the contract amount excludes value-added tax. There is no contract deposit or advance payment, and the contract stipulates that Woowon Development Co., Ltd. will perform the construction work independently.

This contract covers the construction of new subgrade for Section 5-2 of the Gimcheon–Geoje Southern Inland Railway project. This announcement does not include specific details such as the exact length or scale of the work for this section.