Kim Hyung, President of Daewoo E&C, Visits Banpo 3rd District Union, Promises "Will Keep Proposal"
[Asia Economy Reporter Yoo In-ho] On the 13th, Kim Hyung, President of Daewoo E&C, visited the Banpo 3rd District Union Office and promised, "We will adhere to the bidding conditions proposed by Daewoo E&C."
On the morning of the same day, President Kim visited the Banpo 3rd District Union Office located in the old Banpo Shopping Center in Banpo-dong, Seocho-gu, Seoul, and held a meeting with Union Chairman Noh Sa-shin and other union officials.
At the meeting, President Kim said, "The executives and employees of Daewoo E&C, who can be called the top experts in urban maintenance projects, have presented the results of their long-term efforts and considerations for Banpo 3rd District as bidding conditions," and added, "We will definitely abide by the contents of the bidding proposal and contract."
Daewoo E&C proposed three sales methods?pre-sale, post-sale, and REIT listing?to maximize the union's profits, and presented a fixed construction cost with no additional burden.
He continued, "Daewoo E&C is the top construction company in Korea that has supplied the most private apartments since the 2000s and has led Korea's residential culture," emphasizing, "We will gather all the technological capabilities we have accumulated so far to present Korea's best residential masterpiece surpassing Hannam The Hill at Banpo 3rd District."
Daewoo E&C proposed the complex name for Banpo 3rd District as ‘Trilliant Banpo’ and entrusted the exterior design to UNStudio, famous for the Mercedes-Benz Museum in Germany and Raffles City Hangzhou in China.
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The landscaping was commissioned to Grant Associates, who designed the landscaping of Gardens by the Bay, a world-renowned tourist attraction in Marina Bay, Singapore.
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