Hanshin Gongyeong Wins Bids for Seongnam Geumgwang-dong and Busan Cheongnyong 1 District Redevelopment Projects

Busan Cheongnyong 1 District Reconstruction Perspective / Provided by Hanshin Engineering & Construction

[Asia Economy Reporter Noh Kyung-jo] Hanshin Engineering & Construction recently announced on the 29th that it has secured one project each in the street housing maintenance business and the reconstruction maintenance business.

The street housing maintenance project involves constructing 227 apartment units and ancillary welfare facilities on a site of 8,935㎡ at 4022 Geumgwang-dong, Jungwon-gu, Seongnam-si, Gyeonggi Province, with a scale of 2 basement floors to 15 above-ground floors. The contract amount is 64 billion KRW. The construction period is 32 months from the start date. This area is equipped with convenient living infrastructure including transportation, education, and eco-friendliness. It is a station area adjacent to Namhansan Ipgu Station on Subway Line 8.

Hanshin Engineering & Construction plans to form the Hanshin The Hue brand town by linking this project with the previously secured street housing maintenance project at 4071 Geumgwang-dong. The total scale is 430 households.

The reconstruction contract is a project to build 280 apartment units and ancillary welfare facilities on a site of 11,334㎡ at 87-2 Cheongnyong-dong, Geumjeong-gu, Busan, with a scale of 4 basement floors to 26 above-ground floors. The contract amount is 79.3 billion KRW, and the construction period is 33 months from the start date.

Hanshin Engineering & Construction has secured orders worth more than 200 billion KRW this year in Busan alone, including 'Saha Oseong Mansion Small-scale Reconstruction', 'Daeyeon Station Street Housing Maintenance Project', and 'Cheongnyong 1 District Reconstruction Maintenance Project'. A Hanshin Engineering & Construction official said, "Additional orders are expected in Seongnam and Busan."

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