Daebo Construction Wins Daejeon Gao-dong District 1 Reconstruction Contract... Year-to-Date Orders Top 1 Trillion Won

Up to 35 floors above ground, 700 units
Construction cost of approximately 210.7 billion won

Daebo Construction said on October 26 that it had been selected as the contractor for the reconstruction project in District 1 of Gao-dong, Dong-gu, Daejeon.

Artist's rendering of the Gao-dong District 1 Reconstruction Project in Daejeon. Daebo Construction

The project is located around 210 Gao-dong, Dong-gu, Daejeon. It will replace 460 existing households with 700 public housing units across eight buildings, with two basement levels and up to 35 floors above ground, along with ancillary and community facilities. The total construction cost is approximately 210.7 billion won.

After winning consecutive contracts last month for the Gyeyang-Ganghwa Expressway and the Asan Tangjeong 2 Urban Development Project, among others, Daebo Construction’s cumulative orders this year surpassed 1 trillion won.

A Daebo Construction official said, “Building on our track record of constructing more than 70,000 units in private and public apartment projects, we will make District 1 of Gao-dong a premium apartment complex.” The official added, “Having demonstrated our diverse construction capabilities over the past 46 years in areas including apartments, officetels, railways, roads and land development, we plan to devote more effort to urban renewal projects going forward.”

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