Halla "LH Jongshimje Joint Housing Construction 2 Contracts Won... Total 134.1 Billion KRW"

[Asia Economy Reporter Kim Yuri] Hanra announced on the 9th that it has won two comprehensive evaluation bidding system (Jongsimje) apartment construction projects worth a total of 134.1 billion KRW, commissioned by Korea Land and Housing Corporation (LH).

On the 7th, Hanra won the contract for the "Suwon Dangsu A3 Block Apartment Construction Project (Section 2)" for approximately 50.4 billion KRW (including VAT). This project involves constructing six buildings with a total floor area of 53,137.86㎡, consisting of 400 apartment units and neighborhood living facilities, from two basement floors to 20 floors above ground in Geumgok-dong and Dangsu-dong, Gwonseon-gu, Suwon-si, Gyeonggi Province. Hanra, as the lead company, jointly won the contract with Namyang Jinheung and Gyeongan Jonggeon, with Hanra's construction amount being about 40.3 billion KRW. The construction period is 26 months from the start date.

Then, on the 8th, Hanra won the "Paju Unjeong 3 A17 Block Apartment Construction Project (Section 10)" for approximately 83.7 billion KRW. This project involves constructing eight buildings with a total floor area of 91,147.11㎡, consisting of 660 apartment units and neighborhood living facilities, from two basement floors to 25 floors above ground within the Paju Unjeong 3 District, Paju-si, Gyeonggi Province. Hanra also served as the lead company and jointly won the contract with Inbon Industry. Hanra's construction amount is 75.3 billion KRW. The construction period is 28 months from the start date.

Since winning the government Sejong New Government Complex construction project (148.7 billion KRW) in March, Hanra has secured public construction projects such as the Gwangju Subway Phase 2 Section 4 construction, Asan Tangjeong apartment electrical work, and Yesan-eup sewage pipeline maintenance project. Last month, Hanra also participated jointly in winning the Honam High-Speed Railway Phase 2 Section 5 construction project.

A Hanra official said, "It is expected that the new order target amount of 1.9 trillion KRW this year will be exceeded," adding, "With the full-scale development of the 3rd new town construction starting from the end of next year, public sector orders are expected to increase significantly, and we will actively pursue new contracts."

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