▲ Daewon Won an order for the New construction of 'Daewon Cantaville'.(Photo courtest of=Daewon)     © World Lighting News.

 

 

· Written by : So-Won Park. Journalist.

Despite recent construction companies facing difficult situations due to the domestic real estate economic downturn, construction company Daewon is actively working to win

orders.

 

In this regard, Daewon (CEO: Jeon Eung-sik) announced on March 26 that it had signed a contract for the “Boryeong Myeongcheon Daewon Cantaville New Construction” located in Boryeong-si, Chungnam province, Korea.

 

This project is a contract work to build a new apartment for 400 households in 18317m2

in 508-22, Myeongcheon-dong, Boryeong-si, Chungcheongnam-do. The contract amount

is 66.1 billion won (excluding VAT), which is about 20% of Daewon's 2018 sales

(consolidated).

 

The construction period is 28 months, and construction begins at the end of May this year and is expected to be completed in September 2022. The complex consists of a total of 5 buildings with one basement level and 25 stories above the ground, consisting of 74-84㎡ units, and Daewon's apartment brand “Cantavil” is planned to be applied.

 

As Hannaecho, Daecheonjung, Boryeong Library and Community Center are adjacent to

the project site, the convenience of education and living is good. It is evaluated that the

location conditions are excellent as it is located next to the Boryeong Myeongcheon

Housing District, which is in the spotlight as a new living area in the future.

 

Daewon said, “We are striving to continuously win new orders even in difficult domestic

and overseas environments such as'Corona 19'. We will do our best to develop local

housing culture and satisfy customers through the successful promotion of this project.”

 

Meanwhile, Daewon is engaged in comprehensive development projects such as domestic and overseas housing, infrastructure, and urban development. It was founded in 1972 as

the mother of the textile business, and has 48 years of experience this year, and it was

listed on the KOSDAQ market in December 2017.

 

Currently, the apartment brand “Cantavil” has been supplying high-quality apartments for about 35,000 households across the country, including Seoul, Cheongju, and the

metropolitan area. Vietnam, which started with the establishment of a textile factory in

2001, has also established itself as a representative company that has succeeded in

localization through numerous successful cases such as housing, infrastructure, and urban development for 20 years.

 

Recently, platform projects such as shared offices are in progress targeting the Vietnamese domestic market. Daewon is expected to grow in the future as a sustainable company

through stable domestic business and business in Vietnam with an annual economic

growth rate of 7%.

 

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