Daebo Construction, a subsidiary of Daebo Group, has surpassed 1 trillion won in annual orders for the fourth consecutive year, following recent contracts for the Gyeonggi-Guanghwa Expressway and the Asan Tangjeong 2 urban development project. The company's cumulative order amount for this year stands at approximately 1.12 trillion won.
On September 22, Daebo Construction announced that it secured two major civil engineering projects worth a total of 520 billion won this month alone.
A consortium led by Daebo Construction was awarded the contract for the second section of the Gyeonggi-Guanghwa Expressway on September 18, after being selected as the successful bidder. This section spans 5.8 kilometers, connecting Gimpo's Pungmu-dong to the Geomdan New Town, with a total project cost of 430 billion won.
The Gyeonggi-Guanghwa Expressway is a project that connects approximately 30 kilometers from Sangya-dong in Incheon’s Gyeyang District through Geomdan New Town and Gimpo Han River New Town to Ganghwa-eup in Ganghwa County, with an estimated total project cost of around 3 trillion won.
Earlier, Daebo Construction also won the contract for the second section of the Asan Tangjeong 2 urban development project, valued at 94.1 billion won. This project aims to develop a self-sufficient complex city with residential, industrial, and commercial functions over an area of approximately 1.71 million square meters in Tangjeong-myeon, Asan City, by 2032.
In the civil engineering sector this year, the company has also secured contracts for the construction of the third section of the Gangdong-Hanam-Namyangju metropolitan railway, valued at about 280 billion won, and the first phase of the hot water pipeline project in the Goyang Changneung district.
In the construction sector, Daebo Construction has participated in various projects, including the public housing construction projects for the Dohwa B-3 block and the Yangju Hoecheon A-23 and A-4 blocks, the new construction of Songdam High School, and the establishment of a new government building in Yeoju City. Additionally, it has secured contracts for a public knowledge industry center in the Gwangmyeong-Siheung urban advanced industrial complex, valued at 274 billion won, and the public housing project in Namyangju Wangseok 2 A8 and A12 blocks.
Last year, Daebo Construction also secured contracts for the third section of the GTX-B line, valued at 740 billion won, and the urban development project for the Yongsan International Business District.
A representative from Daebo Construction stated, "We will actively participate in large-scale technical bids, such as the Yongin National Industrial Complex, and plan to conduct public recruitment for new employees, contributing to job stability for young people."
The representative added, "This year, we ranked 47th in the construction capability evaluation, climbing five spots from last year, and ranked 27th and 39th in technical capability and construction performance, respectively. We aim to elevate our status as a major construction company within the top 10 in the civil engineering sector."
* This article has been translated by AI.
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