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BackShinyoung C&D wins order for construction of Kangwon Land’s 2nd Casino and Yongin Enshrinement Hall
Shinyoung C&D wins order for construction of Kangwon Land’s 2nd Casino and Yongin Enshrinement Hall
NEWS
연합뉴스20 minutes agoBusiness2 min readSouth KoreaView original

Shinyoung C&D wins order for construction of Kangwon Land’s 2nd Casino and Yongin Enshrinement Hall

Expected to receive approximately 700 billion won in orders this year, with a goal of entering the top 100 in construction capability evaluation by 2027

Shinyoung C&DGangwon Land2nd casino

Quick Look

  • Shinyoung C&D won orders for the construction of Kangwon Land's second casino business site (approximately KRW 74.1 billion) and the construction of the Honor Stone 2 memorial hall in Yongin, Gyeonggi Province (approximately KRW 62 billion).
  • Private office orders are also continuing, and orders are expected to reach approximately 700 billion won this year.

AI-generated summary

Why It Matters

Shinyoung C&D is a construction affiliate of Shinyoung Group and has a portfolio that includes private offices, maintenance projects, public works, self-development projects, and tourism/leisure and business facilities.

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Shinyoung C&D, a construction affiliate of real estate developer Shinyoung Group, announced on the 10th that it had won orders for the construction of Kangwon Land's second casino business site and the construction of the Honor Stone 2 memorial hall in Yongin, Gyeonggi Province.

Kangwon Land's second casino business site construction is a project to build a casino business site with 2 underground floors and 4 floors above ground at the Kangwon Land site in the area of ​​424 High1-gil, Jeongseon-gun, Gangwon-do, and to carry out renovation work on tourist lodging and entertainment facilities.

The construction amount is approximately 74.1 billion won, and Shinyoung C&D has a 65% stake. The construction period is approximately 23 months.

The Yongin Honor Stone 2 enshrinement new construction project is a project to create an enshrinement hall and neighborhood living facilities in the area of ​​699 Choburi, Mohyeon-eup, Cheoin-gu, Yongin-si. The construction amount is approximately 62 billion won and construction will take place over 24 months.

In addition, Shinyoung C&D also recorded private office orders, such as winning the construction of the new Krafton business facility in Seongsu-dong 2-ga, Seongdong-gu, Seoul in August and the construction of the DHK office building in Pangyo 2nd Techno Valley in September.

Shinyoung C&D is expected to achieve orders worth about 700 billion won this year with a portfolio that includes private offices, maintenance projects, public construction, self-development projects, tourism, leisure, and business facilities.

Lee Seung-min, CEO of Shinyoung C&D, said, “As our construction capabilities are recognized in special facilities such as casinos and enshrinements, the diversification of orders is leading to visible results,” adding, “We are one step closer to our goal of entering the top 100 in the construction capability evaluation in 2027.”

What to Watch

AI outlook — possibilities, not facts

  • Shinyoung C&D is likely to enter the top 100 in construction capability evaluation by 2027.

    Possible · Within months

Open Questions

  • What is the specific start schedule for Kangwon Land’s second casino construction?
  • When is the expected completion date for the Yongin Honor Stone 2 enshrinement construction?

Related Topics

Shinyoung C&D
PeopleSeungmin Lee
OrganizationsGangwon LandKraftonDHK
PlacesJeongseon-gun, Gangwon-doYongin-si, Gyeonggi-doSeongdong-gu, SeoulPangyo 2nd Techno Valley
TopicsGangwon Land2nd casinoHonor Stone 2enshrinement hallOrdersconstruction
This article was originally published by 연합뉴스.

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