CJ Logistics Construction Division Breaks Ground on New Office Building Construction for V1Tech and SomanSa

Planned Construction of Yangsa Headquarters in Pangyo 2nd Techno Valley Zone 2
Scheduled Completion in October 2023 with Construction Cost of Approximately 48 Billion KRW
New Building Consisting of Two Structures, 4 Basement Floors to 10 Above Ground Floors

Aerial view of the V1Tech & SomanSa office building.

[Asia Economy Reporter Kangwook Cho] CJ Logistics Construction Division announced on the 16th that it held a groundbreaking ceremony on the 15th for the new office buildings of V1Tech and Somansa in the Pangyo 2nd Techno Valley area.

V1Tech, a machine vision (display and secondary battery inspection equipment manufacturing) specialist company, and Somansa, a personal information protection software development company, plan to jointly invest approximately 48 billion KRW to construct two office buildings in Zone 2 of Pangyo 2nd Techno Valley.

After about 26 months of construction, two office buildings with four basement floors and ten above-ground floors will be completed, with a total floor area of 34,734㎡ (10,507 pyeong). After completion, each company's headquarters, previously located in other parts of Pangyo and Yeongdeungpo, Seoul, will move into the new office buildings.

Kang Shin-ho, CEO of CJ Logistics (fourth from the left), Kim Sun-jung, CEO of V1Tech (fifth from the left), and Kim Dae-hwan, CEO of Somansa (sixth from the left), attending the groundbreaking ceremony for the new V1Tech & Somansa office building held on the 15th.

About 30 people attended the groundbreaking ceremony, including Kim Seon-jung, CEO of V1Tech, Kim Dae-hwan, CEO of Somansa, and Kang Shin-ho, CEO of CJ Logistics, the construction company.

The CJ Logistics Construction Division focuses on core businesses such as logistics centers, remodeling, R&D centers, offices, and golf courses, and is concentrating on related orders. Over the past three years, it has secured a total of 11 office facility projects, including Seoul Icon Cheonggye Office, KT&G Youth Startup Support Center, Kolmar Korea Seoul Office, Ananti Office Facilities, and KMH Godeok Office Building.

Seo Jang-woo, head of CJ Logistics Construction Division, said, “We are currently carrying out two office building construction projects in Godeok Business Valley, Gangdong, Seoul,” adding, “We will do our best to thoroughly implement safe construction, quality construction, and sincere construction to meet the expectations of the employees of both companies.”

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