Agreement Signed with Private Urban Development Operators
More Than 50% of Construction Costs to Be Allocated to Local Companies

On the 15th, Park Sangdon, mayor of Cheonan, and private urban development project implementers are taking a commemorative photo after signing the agreement.

On the 15th, Park Sangdon, mayor of Cheonan, and private urban development project implementers are taking a commemorative photo after signing the agreement.

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Cheonan City in Chungnam signed a business agreement on the 15th with private urban development project operators to promote the participation of local construction companies.


This agreement was prepared to support local construction companies struggling due to the downturn in the construction industry, and project operators from 25 districts, including Cheongdang Saeteotmal District and Baekseok 5 District, attended the event.


According to the agreement, the project operators will allocate more than 50% of the total construction cost to local construction companies, and the city will actively cooperate and provide support in case of any special circumstances during the process.


Mayor Park Sangdon said, "The participation of local construction companies is important for efficient construction management," adding, "I hope this agreement will help vitalize the local construction industry."





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