DL E&C Surpasses 1 Trillion Won in Urban Redevelopment Project Orders

DL E&C, Perspective View of Doma Beondong 13 District Redevelopment Project in Daejeon.

[Asia Economy Reporter Minyoung Kim] DL E&C announced on the 7th that its cumulative orders for urban maintenance projects exceeded 1 trillion KRW in the first half of this year.

On the 4th, DL E&C, together with Daewoo Construction, won the contract for the 'Daejeon Doma Byeondong 13 District Redevelopment Project,' with a total project cost of 725.5 billion KRW. DL E&C holds a 45% stake, with an order amount of 326.5 billion KRW. This project involves constructing 2,715 apartment units (3 basement floors to 32 above-ground floors, totaling 25 buildings) and ancillary facilities in the Doma-dong area of Seo-gu, Daejeon Metropolitan City. Construction is scheduled to begin in July 2026 and complete by September 2029.

The Doma Byeondong 13 District Redevelopment Project site is located within the complex of Samyuk Elementary School, Samyuk Middle School, and Jeil High School, providing an excellent educational environment. Additionally, the opening of the Daejeon Urban Railway Line 2 tram and the Chungcheong Regional Railway Doma Station is planned, promising convenient transportation.

With this order, DL E&C's cumulative orders for urban maintenance projects this year reached a total of 1.2543 trillion KRW, surpassing 1 trillion KRW in just five months.

Earlier, in January, DL E&C was selected as the contractor for the 'Nam Seoul Mujigae Apartment Reconstruction Project' located in Siheung-dong, Geumcheon-gu, Seoul, marking its resurgence in the urban maintenance market. The order amount for this project was 244.4 billion KRW. In February, it secured the 'Daegu Suseong 1 District Redevelopment Project,' with a contract amount reaching 618.3 billion KRW. Last month, it won the contract for the 'Seoul Yeongdeungpo Dangsan Hyundai 2nd Apartment Reconstruction Project,' valued at 65.1 billion KRW.

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