floo

Busan North Port Contract Finally Terminated

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·5 hours ago

원본 (Korean)

Translation + Context

FT = ForbiddenTome — tap to see Korean slang explained

News Eye

News

Unprecedented 'Contract Termination Notice' to Bukhang Transfer Center Operator

Busan Station direction

North Korea direction

Original design

Words come first, then retreat

Modified design plan

North Korea direction

Busan Station direction

Original design

Commitment letter submitted by BPA

Commitment letter sent by PQ Construction

• I will not claim that implementation of design changes is impossible or difficult.

• I will not claim that implementation of design changes is impossible or difficult.

• I agree to terminate the sales contract in case of violation of this commitment.

• I agree to terminate the sales contract in case of violation of this commitment.

Song Hoon | Busan Port Development Project Director - If you really intended to fix this, there'd be no reason to remove (the commitment letter language), but since you removed all of it to create this commitment letter...

Leaving out all the core issues

The reason we brought the confirmation letter is because we can't acknowledge it...

Busan Port Authority notified PQ Construction, the operator of the Busan North Port Transit Center development project, of the termination of the land purchase agreement.

For the first time ever, the project is being completely scrapped just 4 years after construction began.

The background is that the operator designed a 3.3-meter height difference in the transit center's public walkway, which differs from the original district unit plan.

They raised the height difference to fit an additional commercial floor below the public walkway, which raised concerns about damage to views and other issues.

Typical person 8729

A note for those who don't know what incident this is

The contractor did unauthorized design changes—raising the road to a double layer and putting a commercial space on the 1st floor, contrary to the contract. Since construction was already underway, they acted like "so what, you gonna stop it?" But then the city came in and said they'd cut them down hard

 

 

 

 

 

18 comments

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Hyupseong's looking rough—they need to get their hands off the North Port for good now.

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Hyupseong Construction and Hyupseong General Construction are different companies, so get it straight... Hyupseong Hupotel is fine... it's the marina that sucks...

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Once the owner changes ㅋㅋ how fitting

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For those wondering what happened: The contractor illegally changed the design without approval—instead of a flat walkway, they raised the road and stuffed a shopping mall underneath. Since construction was already going, everyone figured they'd just ignore it. But the city surprised them by actually canceling the contract.

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Wow, you're in the original post!! Nice work

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That's literally copied straight from the article, and they even changed their username about it

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That's downright evil...

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Huh?

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But they already pocketed the construction costs that went into work, right? How does that get handled?

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The contract termination means all that money's gone. If they rebuild to the original design, it'll cost twice as much starting from scratch.

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Didn't know why the 3.3m went up—it was for the mall ㅋㅋㅋㅋㅋㅋㅋㅋ this company really tried to pull a fast one

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Did they get inspired by Lotte Tower? Way too ambitious with their plans

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These dummies would've created a nightmare—terrible traffic, blocked views, the whole thing would be a total disaster. You gotta at least try to do things decently.

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From that news report, it's hard to tell who actually has the power here... The port authority said 'change it back to horizontal by year-end,' but the contractor said 'that's impossible, there are variables.' Their back-and-forth makes it seem like whoever funded them is calling the shots.

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They had deep pockets so they played hardball. Got lucky before, so they keep doing it. The construction industry is full of these clowns—they don't make money on skill, they make it on bribes. They're the biggest leeches draining taxes and destroying local regions.

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Stuff like this should put companies on government project blacklists. They kept getting away with 'screw it' attitudes before, so they thought they could here too.

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You don't even need to see who made the decision—it's obvious. Old-school boss type probably ordered 'just do it anyway!' Hyundai Founder Chung Ju-young style. The world's changed but this guy's stuck in the past ㅋㅋ

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This moron's the reason the owner got screwed ㅋㅋ

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When I first heard 'Chung Ju-young spirit' I was genuinely impressed, but now it just sounds like 'I'm gonna throw a tantrum' and it makes my blood boil.

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Well, times have changed since then ㅋㅋㅋ

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Local construction companies are full of thugs. When they do quality checks, they bring in gangsters to threaten people so they can't complain—it's the standard move.

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Heard that for the first time. Calling that a standard is pretty harsh, isn't it?

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Wait, isn't this something Seoul contractors do too?

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Hyupseong General Construction is a straight-up thug company. They only kept them around because they're a local business.

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Local business = regional strongman syndrome = local political corruption

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But honestly, I doubt this ends as cleanly as we want. If lawsuits drag on and construction stays frozen for 3-4 years...

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After a year, will they build or won't they? It'll be an eyesore. What's the city doing? People are gonna complain nonstop.

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Looks like Changdong's gonna end up like this too

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This is actually huge for Korean infrastructure logistics ngl, wonder what happens to all those workers tho

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The company's Glassdoor score is 1.6—says everything about the workplace.

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Plot twist: they're just gonna rebrand it and restart in 2 years, we all know how this goes

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Finally!! Been following this drama for years, about time someone pulled the plug on this mess 😅

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wait what happened? can someone explain why this is a big deal? genuinely confused rn

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lmaooo the way they dragged this out... reminds me of every government project ever

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As someone who lives in Busan, honestly relieved. That contract was bleeding money for no reason

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Did anyone else not even know this was still going on 💀

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