Not participating in redevelopment and reconstruction these days
Construction companies are also stepping out of the Seoul Metropolitan Government’s maintenance business office
Key summary: Reconstruction of Shindonga, a large fish defense in the Gangnam area, and redevelopment of the first and second public redevelopment Heukseok districts are both likely to suffer an economic slowdown due to soaring raw material prices that failed to bid for competition.Construction companies are taking more cautious steps than ever amid growing uncertainties in the real estate market, with excessive orders adding to the possibility of an economic slowdown due to internal and external uncertainties a low-business maintenance establishment
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