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Korea’s top landscaping firm Dawon to expand in SE Asia

Korea Economic Daily LogoKorea Economic Daily5h ago

Korea’s top landscaping firm Dawon to expand in SE Asia - Korea Economic Daily

Quick Summary:

Samsung C&T, the country’s largest builder, and HDC Labs Co., a unit of local major construction conglomerate HDC Holdings Co., ranked second and third, respectively, in the evaluation of 1,420 general builders and 7,386 landscaping construction firms.Dawon bagged 191.2 billion won ($140 million) in local planting project orders in 2023, up nearly 30% from the previous year, despite the downturn in the domestic construction business amid the sluggish property market.

GROWTH POTENTIAL“Southeast Asian countries such as the Philippines are emerging markets with enormous growth potential, and it is difficult to predict how much they can explode, as many people in the region are even unfamiliar with landscaping,” said Dawon CEO Kim Dae Joong.“We aim to eventually improve the quality of housing worldwide through the global total landscaping service.”Dawon proved its capabilities through a project for The Sharp Clark Hills in Mabalacat, Pampanga, the Philippines residential complex built by South Korean builder POSCO E&C Co.

South Korea’s Dawon Landscape & Construction Co.aims to expand its business in Southeast Asia as it beat out major domestic builders such as Samsung C&T Corp.in this year's evaluation by construction and specialty contractor associations.


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Article Details

Category: Economy

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 09:17:39 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 799 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22091570

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 3 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 22 hours ago

Coverage Areas: South Korea

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Publication Timezone: GMT +8:00

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Publisher ID: #91

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