HDC Hyundai Development Company Wins KRW 900.2 Billion Redevelopment Contract in Uijeongbu
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
News
Official statement
Outcome reported
- HDC Hyundai Development Company won the construction contract for the Jangam District 2 redevelopment project in Uijeongbu, Gyeonggi Province.
- The company received 451 of 538 votes cast at the residents’ association meeting, securing 84% support.
- The project is valued at about 900.2 billion won.
HDC Hyundai Development Company has won the construction rights for the Jangam District 2 redevelopment project in Uijeongbu, Gyeonggi Province, in a deal worth about 900.2 billion won.
The company said it was selected at a general meeting held at the Uijeongbu Island Castle Hotel on the 29th. Of the 538 association members who took part in the vote, 451 supported HDC Hyundai Development Company.
The 84% approval gave the company the final mandate to serve as contractor for the redevelopment project.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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