Daewoo Engineering & Construction and Shinhan Lifecare said on the 16th that they signed a business agreement to strengthen competitiveness in the senior dwellings business.
Through this agreement, the two companies agreed to strengthen technological cooperation and information exchange and jointly identify new business opportunities in senior dwellings. The main cooperation areas are ▲ joint development of business models ▲ joint investment and development of public offering projects ▲ development of new products. The two companies plan to work closely together to expand the senior housing market.
A Daewoo Engineering & Construction official said, "As Korea enters a super-aged society, demand for senior housing is diversifying, making new business models that combine differentiated residential services with professional operating capabilities increasingly important," and added, "With this agreement as a starting point, we will work closely with Shinhan Lifecare to develop premium senior dwellings products that reflect customers' diverse needs and lead the senior housing market."