Changwon Mayor Heo Seong-mu "Welcomes Contract Signing for Orders Worth Approximately 700 Billion KRW from Three Major Local Corporations"

Doosan Heavy Industries and 2 Other Large Companies Win Construction Contracts for Gimpo Combined Heat and Power Plant and Others

Changwon Mayor Heo Seong-mu listening to corporate difficulties during a visit to Hanwha Defense.
(Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Changwon City in Gyeongnam Province expressed its welcome on the 23rd regarding the recent large-scale orders worth a total of 700 billion KRW secured by major local companies Doosan Heavy Industries & Construction, Hyundai Rotem, and Hanwha Defense.

Since his inauguration, Mayor Heo Seong-moo of Changwon has continuously visited and communicated with local companies to revive the stagnant Changwon economy, actively promoting corporate-friendly policies and vigorously pushing various support measures to help companies develop sales channels for their main products.

Thanks to Mayor Heo’s proactive corporate support policies, recently, major local companies have secured significant orders: Doosan Heavy Industries & Construction won a 360 billion KRW contract for the construction of the Gimpo Combined Heat and Power Plant power block; Hyundai Rotem secured a 119.2 billion KRW contract to supply GTX-A electric trains; and Hanwha Defense obtained a 238.2 billion KRW contract for the short-range surface-to-air missile Cheonma system maintenance project, totaling orders worth approximately 717.4 billion KRW.

Mayor Heo encouraged the three companies, including Doosan Heavy Industries & Construction, to continue securing orders, and the city also conveyed its commitment to provide maximum support.

Mayor Heo stated, “The news of large-scale new orders by local major companies is a welcome and joyful message like rain in a drought for overcoming the management difficulties of these companies and their partners, as well as for the struggling Changwon economy. I sincerely thank the executives and employees of the companies who worked hard to secure these large orders, as well as related organizations such as Korea Western Power, the ordering agency that decided on the orders with the local major companies.”

This content was produced with the assistance of AI translation services.