Daewoo E&C signed a ₩372.01 billion contract with Korea Land and Housing Corporation for the Cheonho A1-1 public redevelopment project in Seoul. The value excludes VAT and equals 4.62% of 2025 consolidated revenue. The project covers 747 homes and neighborhood retail space across eight buildings. Construction is expected to take 56 months from the actual start date, which the filing does not provide. The value and schedule may change under the construction contract.