# Kwangmyung Electric wins KRW 17.6B construction contract for Yangju Okjeong knowledge industry center

Kwangmyung Electric (광명전기) announced a construction contract with SM Development for the Yangju Okjeong knowledge industry center worth KRW 17.6 billion, representing 15.42% of its recent revenue, with the contract signed on January 21, 2020.

- Type: Contract
- Announced: 2020-01-22
- Where: Yangju Okjeong, South Korea
- Value: $15.0M (17.6B KRW)
- Status: announced
- Products: construction services for knowledge industry center
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kwangmyung Electric](https://endata.com/companies/28049.md) (supplier)
- [SM Development](https://endata.com/companies/44717.md) (customer)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/2211944), 2020-01-22: "광명전기(017040)는 공사수주에 관한 단일판매ㆍ공급계약체결을 22일에 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.