*This content was translated by AI.
Hanwha Construction Division is forging a strategic partnership with a financial institutional investor to strengthen its competitiveness in real estate development projects.
On the 20th, Hanwha Construction Division signed a "Memorandum of Cooperation for Joint Promotion of Real Estate Development Projects" with asset management firm Maston Investment Management at the Hanwha Building in Janggyo-dong, Jung-gu, Seoul.
This agreement was established to move beyond the traditional construction-focused bidding structure and build a proactive system for identifying projects that combine finance and development. The two companies plan to continue their collaboration, from identifying new development projects to establishing joint ventures, to advance high-quality real estate development projects.
A Hanwha Construction Division official, speaking to this newspaper by phone, said, "Through this agreement, we plan to strengthen our competitiveness in development projects based on the integration of finance and construction, and to build a stable project structure."
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*This content was translated by AI.
