Samsung C&T’s construction division has been selected as the contractor for the redevelopment of the Gaepo Woosung 4th complex in Dogok-dong, Gangnam-gu, Seoul. The project, announced on the 21st, is valued at 814.5 billion Korean won (approximately $600 million USD). This win signifies Samsung’s continued presence in the competitive Seoul construction market. The Gaepo Woosung 4th complex redevelopment aims to modernize the aging residential area. Further details regarding the construction timeline and specific plans were not immediately available. The selection process involved bids from multiple construction companies. This project represents a significant undertaking for Samsung C&T’s construction arm.