Daewoo Shipbuilding & Marine Engineering Construction Signs Contract for 56.8 Billion KRW 'Wonju-si Munmak-eup Apartment Complex' New Construction Project

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction, a subsidiary of Korea Technology Co., Ltd. listed on KOSDAQ (Chairman Kim Yongbin), announced on the 8th that it has signed a construction contract worth 56.8 billion KRW for a multi-family housing project in Munmak-eup, Wonju City.

The project awarded to Daewoo Shipbuilding & Marine Engineering Construction is a new construction located at 343-2 Geondeung-ri, Munmak-eup, Wonju City, Gangwon Province, and nine other parcels. It consists of 321 units in buildings ranging from 2 basement floors to 9-29 above-ground floors, along with auxiliary welfare facilities.

The biggest advantage of this apartment complex is the convenience of transportation and the ability to enjoy a nature-friendly lifestyle at any time.

Within 5 minutes by car is Munmak IC, providing easy access to nationwide routes such as Yeongdong Expressway, Jungang Expressway, and Gwangju-Wonju Expressway. The KTX Seowonju Station is within a 10-minute drive, allowing convenient and fast travel to Seoul in 40 minutes and other metropolitan areas, offering excellent metropolitan transportation networks and infrastructure.

Additionally, within a 5-minute drive are Geondeungsan Mountain, Bakdalbong Peak, and Geondeung Reservoir, and within 10 minutes are Cheonmasan Mountain, Menasan Mountain, Songsanbong Peak, and Seongsangbong Peak, allowing residents to enjoy a life in harmony with nature.

At the same time, within 3 KM are prestigious school districts such as Wonju Medical High School, Munmak Elementary School, and Munmak High School, as well as various infrastructures including churches, banks, and cultural and sports centers concentrated in Munmak downtown, providing excellent educational and living environments.

A company official stated, “As housing prices continue to rise recently, interest in non-regulated areas is increasing. Wonju City is also a representative non-regulated area, so there are no restrictions on re-winning or resale, and the mortgage loan ratio can be applied up to 70%, which is expected to attract significant attention from residents and investors.”

Meanwhile, in August, Daewoo Shipbuilding & Marine Engineering Construction acquired 4,168,055 registered common shares (29.28%) of Sungji Construction, becoming the largest shareholder of Sungji Construction.

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