Dongbu Construction Wins Contract for Daejeon 'Institute for Basic Science Headquarters Phase 2 Construction Project'

[Asia Economy Reporter Noh Kyung-jo] Dongbu Construction announced on the 20th that it has won the bid for the "Institute for Basic Science Headquarters Phase 2 Construction Project" commissioned by the Public Procurement Service.

'Institute for Basic Science Headquarters Phase 2 Construction Project' Rendering / Image provided by Dongbu Construction

This project involves constructing an educational and research facility with 1 basement floor and 5 above-ground floors, and an affiliated dormitory with 1 basement floor and 8 above-ground floors on a 194,040㎡ site at 3-1 Doryong-dong, Yuseong-gu, Daejeon. The construction period is 24 months, and the total construction cost is approximately 78 billion KRW. Dongbu Construction is the lead contractor with a 50% stake.

Dongbu Construction reportedly received high scores in all areas including technical proposals and pricing. In particular, it earned high marks in architectural planning, architectural structure, and architectural construction, which have high weighting in the technical proposal evaluation.

With this, Dongbu Construction has secured orders worth 125.5 billion KRW in the technical bidding sector in about 45 days this year. Last month, it won the bid for the "Bucheon Daejang Public Housing District Construction Section 1." This amount is close to 30% of last year's performance. Dongbu Construction achieved approximately 419.5 billion KRW in orders last year and ranked first in the public technical bidding sector in the industry.

A Dongbu Construction official said, "By securing competitiveness in the technical bidding market where design and technical skills are key, we are smoothly achieving results," adding, "Since the government has announced plans to improve and revitalize technical bidding this year, we intend to further solidify our current position."

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