KAMCO Wins Grand Prize at the '2021 National Property Architecture Awards'

[Asia Economy Reporter Kwangho Lee] Korea Asset Management Corporation (KAMCO) announced on the 14th that it won the Grand Prize in the Large Building category at the '2021 National Property Architecture Awards' hosted by the Ministry of Economy and Finance.

The National Property Architecture Awards, first held in 2015 to improve the quality of public office buildings and spread best practices, marked its 7th edition this year.

This year's evaluation focused on symbolism as a public office building, design innovation, and efforts to create social value through cooperation with local communities. After document and on-site evaluations, a total of 10 projects were selected as winners.

The KAMCO Narakeum Busan Integrated Office Building, selected as the Grand Prize winner, is an administrative integrated office built on the site where the Busan office of the National Agricultural Products Quality Management Service was located. It was recognized as a case that contributed to improving the utilization and value of national property as well as the quality of administrative services.

In particular, the Narakeum Busan Integrated Office Building was highly evaluated as a smart research and administrative facility equipped with eco-friendly facilities such as solar energy and energy-saving systems, and as a landmark symbolizing the region with an outdoor garden open to citizens.

Namgung Young, Head of KAMCO's Public Development Headquarters, said, "This award is a great achievement that reveals KAMCO's accumulated development capabilities as a public developer," and added, "KAMCO will continue to lead the improvement of public office building quality to enhance the value of national property and satisfy both tenant organizations and the public."

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