Daewoo Shipbuilding & Marine Engineering Construction Secures New Apartment Complex Contract Worth 42.6 Billion KRW in Ajoo-dong, Geoje City

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction, a subsidiary of Korea Technology (CEO Shin Yonggu), a KOSDAQ-listed company, announced on the 30th that it has secured an order for a multi-family housing complex worth 42.6 billion KRW in Aju-dong, Geoje-si, Gyeongsangnam-do.

The multi-family housing complex is located at San 16-2, Aju-dong, Geoje-si, Gyeongsangnam-do. It will be constructed on a site area of 9,316㎡ (2,818 pyeong) with a total floor area of 30,620㎡ (9,262 pyeong), consisting of two buildings ranging from three basement floors to 27 floors above ground.

The building coverage ratio is 49.45%, and the floor area ratio is 244.79%. The complex will include 222 apartment units along with auxiliary facilities such as a small library, playground, and exercise spaces. The construction period is 30 months from the start date.

The housing complex consists of a total of 222 units: 42 units of 59-type, 98 units of 73-type, and 82 units of 84-type. The 73-type and 84-type units adopt a 4-bay structure to enhance spaciousness and ventilation, creating a stable atmosphere that allows residents to feel comfortable.

Additionally, outdoor sports facilities and a children's playground will be operated within the complex exclusively for residents, enabling them to enjoy physical activities without having to leave the premises.

Moreover, the complex offers excellent accessibility via Aju Tunnel and Geoje-daero. It is conveniently located within a 5-minute drive by car to Okpo-dong, the central commercial district of Geoje-si, using Geoje-daero and Okpo-ro, providing a comfortable lifestyle.

A company official stated, "There are a total of 10 apartment complexes within a 1km radius of the project site, but about half are aging, so there is high interest in the newly developed multi-family housing complex in Geoje Aju-dong." He added, "With the upcoming completion of the large-scale Okpo National Industrial Complex nearby, it is expected that there will be significant commuting demand for this complex."

Meanwhile, Daewoo Shipbuilding & Marine Engineering Construction has improved its credit rating this year due to continuous order wins and improved financial structure despite the difficulties faced by the construction industry amid the COVID-19 pandemic.

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