Hanam 2 District Mud-slinging Fight, Daewoo E&C Wins the Bid
Daewoo E&C has been selected as the construction company for the Hannam 2 District redevelopment project in Yongsan-gu, Seoul, which is considered the largest urban renewal project this year.
According to the maintenance industry on the 5th, the Hannam 2 Redevelopment Promotion District Association chose Daewoo E&C as the construction company at an extraordinary general meeting held that afternoon. Out of 908 total association members, 760 attended in person, with Daewoo E&C receiving 410 votes and Lotte E&C 342 votes.
Due to the deteriorating construction environment, there were many cases of single bids this year as competition decreased, but unusually, both companies in Hannam 2 District competed fiercely by offering exceptional terms.
The bidding competition escalated into a mudslinging fight, even leading to police complaints. On the 2nd, Lotte E&C filed a complaint with the Yongsan Police Station accusing Daewoo E&C employees of illegally entering the absentee voting site in Hannam 2 District, charging them with violations of the Construction Industry Basic Act, bid interference, and obstruction of business.
Lotte E&C explained that an unidentified Daewoo E&C subcontractor employee was caught by the association while working on a computer containing the member list until six members voted at the polling station. Because of this, voting was temporarily suspended in the morning. Daewoo E&C responded, stating, "It was a simple incident, and the claim that employees were sent to the office before voting to steal the association list on the absentee voting day is a groundless suspicion and slander."
The Hannam 2 District project is a development on an 115,005㎡ site in Bogwang-dong, Yongsan-gu, Seoul, consisting of 30 apartment buildings ranging from six basement floors to 14 above-ground floors, totaling 1,537 households (including 238 rental units), along with neighborhood living facilities. The total construction cost is approximately 790 billion KRW.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.