POSCO E&C has been selected as the construction company for the Seongnam Eunhaeng Jugong APT. reconstruction project, which is considered the largest reconstruction project in the Gyeonggi province, with a construction cost of 1.2 trillion won.
According to the maintenance industry on the 16th, the Eunhaeng Jugong APT. reconstruction maintenance project association held a general meeting that afternoon and selected POSCO E&C as the construction company.
Of the total 2,070 members, 1,834 participated in the voting, resulting in POSCO E&C receiving 1,333 votes (72.7%) while Doosan received 418 votes (22.8%). There were 83 invalid or abstained votes.
The project involves the construction of 3,198 APT. units in the area of 550 Bank-dong, Seongnam City, with 6 underground and 30 above-ground floors, and the construction cost is 1.2972 trillion won.
POSCO E&C suggested 'The Shop Master View' as the project name. The construction cost is 6.98 million won per 3.3 square meters, applying a special rock excavation method.
They proposed to finance 240 billion won of the association's project cost of 890 billion won at zero interest. They also promised technical and cost support for the remaining approval procedures.
Additionally, they proposed the 'Grand Slope' that creates a gentle slope where members walk in the site, application of POSCO's premium steel materials 'PosMAC' for exterior specialization, high-end imported finishing materials, and securing additional parking spaces for over 300 vehicles.