Shindonga Construction "This Year's Order Target 2.5 Trillion Won... Will Pursue New Business Discovery and Management Innovation"

[Asia Economy Reporter Kim Yuri] Shindonga Construction announced on the 18th that it has set its order target for this year at 2.5 trillion KRW and will pursue new business discovery and management innovation to achieve this goal.

Shindonga Construction stated, "We have designated this year as the 'Year of Sustainable Growth through Innovation' and set the business order target at 2.5 trillion KRW. We will actively pursue orders and company growth."

Last year, focusing on corporate stabilization and risk management, the company secured orders worth 1.65 trillion KRW, exceeding the initial target of 1.6 trillion KRW. This is Shindonga Construction's highest order record since 2010.

Shindonga Construction said, "Since President Sidae Bok's inauguration last year, we have implemented two organizational restructurings and large-scale management innovations to strongly drive the company’s new start (Re-Start). This year's management policy is set as 'Expansion of a Sustainable Value Chain,' and we will focus all efforts on growth and stability through expanding order sales and management innovation."

The company plans to diversify its order areas by discovering new businesses such as public projects, urban development projects, maintenance projects, and civil engineering projects to establish a growth foundation. At the same time, it will build a stable foundation through quality management, safety management, and ethical management. Through product development such as Shindonga Construction’s housing platform 'EziQu,' it also aims to increase customer loyalty to the housing brand Familie.

Shindonga Construction plans to supply 1,350 units of the Richensia Familie apartments in Sejong 6-3 Living Zone starting at the end of this month, followed by 2,049 units in Gyeonggi-do Yangju Okjeong A1 Block and 659 units in Gwacheon Knowledge Information Town S-8 Block in the first half of the year.

CEO Sidae Bok said, "This year, which has fully entered the post-COVID and new normal era, is very important for corporate growth. We will put more effort into maximizing order capabilities in existing businesses and discovering new business areas to secure future growth engines."