Seongdo ENG Completes Namcheongra Logistics Center... Benefiting from Untact Culture Expansion
[Asia Economy Reporter Hyungsoo Park] Comprehensive construction company Seongdo ENG announced on the 30th that it has completed the Namcheongra Complex Logistics Center in Wonnchang-dong, Incheon, a 7-story building with a total floor area of 80,591㎡.
The logistics center, equipped with cold and ambient temperature logistics facilities, is expected to house Coupang and Pantos. It also succeeded in securing a linked order for Namcheongra Complex Logistics Center II, a 7-story building with a total floor area of 66,380㎡, located next door.
Earlier, Seongdo ENG secured a smart logistics center project in Wonnchang-dong, Incheon, in June last year, with a total floor area of 139,953㎡ and a scale of approximately 120 billion KRW. Instead of applying the conventional PC (Precast Concrete) method, it maximized storage efficiency by partially improving and applying VE (Value Engineering) and new construction methods.
A smart logistics center refers to a building where IT technologies such as automation and robotics are applied as a one-stop integrated solution, moving away from the traditional concept of simple logistics storage. Recently, with the growth of e-commerce and the increase in single-person households, demand for small-quantity, multi-item logistics processing and fresh logistics has increased, leading to increased investment mainly by e-commerce companies.
Ian Woong Lee, head of the Comprehensive Construction Division at Seongdo ENG, explained, "The demand for logistics centers is increasing due to the rapid growth of the non-face-to-face online distribution market," adding, "We can provide optimal logistics centers with the technological expertise accumulated over 34 years in the high-tech field."
He added, "We plan to expand the smart logistics center business by applying an IT-based logistics facility platform, leveraging our strengths."
He emphasized, "Since obtaining the comprehensive construction license in 2014, we have grown to rank 81st in 2019," and "Thanks to the strong orders for logistics centers, we are showing prominence in various fields such as semiconductor, pharmaceutical factories, food factories, research centers, and industrial complex development."
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Since 2019 until this year, Seongdo ENG’s Comprehensive Construction Division has secured 388,669㎡ and approximately 350 billion KRW in the smart logistics center sector. The company is focusing on the smart logistics center business. Since its founding in 1987, Seongdo ENG has continued its high growth based on extensive experience in large-scale high-tech projects both domestically and internationally.
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