GH to Issue Construction and Service Orders Worth 422.3 Billion KRW This Year

Gyeonggi Housing and Urban Development Corporation

Gyeonggi Housing and Urban Development Corporation (GH) will issue a total of 422.3 billion KRW in construction and service contracts this year.

On the 9th, GH announced plans to issue a total of 148 contracts worth 422.3 billion KRW, including 29 construction contracts worth 269 billion KRW and 119 service contracts worth 153.3 billion KRW.

The construction contracts include ▲ 43.2 billion KRW for the Gyeonggi Goyang KINTEX grade-separated intersection improvement project ▲ 39.3 billion KRW for land development at the Namyangju Wangsuk public housing district corporate relocation complex ▲ 31.7 billion KRW for the Namyangju Wangsuk 2 public housing district external road (City Road No. 20 expansion) project ▲ 28.3 billion KRW for land development at the Hanam Gyosan corporate relocation complex (Sangsangok district), among others.

The service contracts include 15 billion KRW for construction project management services for the land development of the Gyeonggi Yongin Platform City urban development project, and 15 billion KRW for integrated supervisory authority delegation and construction project management services for the Hwaseong Dongtan 2 A76-2 Block and 78 Block housing construction projects.

Detailed contract plans can be found on the GH website.

Kim Seyong, President of GH, stated, "We will do our best to contribute to the revitalization of the local construction economy and job creation by actively utilizing the local restricted bidding system in accordance with the ‘Gyeonggi-do Regional Construction Industry Activation Promotion Ordinance and related laws.’"

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