as the construction project management company is expected to expand into managing urban development projects such as the reconstruction of existing apartment complexes " the analyst added. A HanmiGlobal official also said the urban development market is becoming the company's new revenue source. "We are currently engaged in the reconstruction project management business. The company is trying to expand its presence in managing urban development projects the market thinks HanmiGlobal will be able to expand its footprint in the apartment reconstruction sector as its capability to safely manage construction projects and maintain quality is getting highlighted after a series of construction accidents such as the latest apartment building collapse in Gwangju on Jan. 11. "The collapse of the apartment in Gwangju will increase pressure on revising the construction safety law an industry official and analyst said Monday. The company is the country's largest player in the field of developing rather than construction companies. HanmiGlobal's entry into the market is expected to accelerate as more unions are forecast to work with the company to supervise construction companies. "Unions across the nation are expected to show their preference for the company the company is expected to enter the apartment market focusing on reconstruction projects." In the apartment reconstruction market which is best known for its control capability of safety. An IPARK apartment building in Samseong-dong in southern Seoul had no safety problems even after a helicopter crashed into the building and the apartment complex was jointly constructed by the company and Hyundai Development Company