Daelim Wins the Incheon Shinchon Housing Redevelopment and Maintenance Project

DATE 2019.03.30

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Daelim Wins the Incheon Shinchon Housing Redevelopment and Maintenance Project 
 

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Daelim announced that it won the Incheon Shinchon Housing Redevelopment and Maintenance Project on March 30. Daelim won the project by forming a consortium with Lotte E&C, and Daelim’s share is KRW 170.5 billion (VAT-exclusive). The project involves constructing 2,143 units of an apartment complex with 15 buildings (2 floors underground, 40 floors aboveground) at 283-66, Bupyeong-dong, Bupyeong-gu, Incheon. The project is slated to kick off in September 2022 and will be completed in September 2025.