The construction of the Bank of Korea (BOK)’s new head office won’t start in the near future due to a legal issue between the procurement office and bidding builders, the central bank said on Sunday.Due to the delay in building the central bank’s new headquarters, the BOK will spend more taxpayers’ money to rent its temporary offices than previously estimated.According to the BOK, the Seoul Central District Court ruled Thursday in favour of Kyeryong Construction Industrial’s injunction…
Source : South China Morning Post
Read more…Construction of South Korea’s central bank building to face further delays
