Samsung C&T Places 1st for 9th Consecutive Year in Construction Capability Assessment

Samsung C&T Engineering & Construction Group ranked 1st 25 years in a row in the apartment category in the National Customer Satisfaction Index (NCSI) survey.

Samsung C&T Engineering & Construction Group ranked 1st nine years in a row in the Construction Capability Assessment, released by the Ministry of Land, Infrastructure and Transport (MOLIT).

Every year, MOLIT announces the Construction Capability Assessment, based on the construction performance, management status, technological ability, and credit rating of all the construction companies nationwide in order to help procurement departments choose their appropriate construction companies.

In the 2022 Construction Capability Assessment, Samsung C&T ranked 1st with 21.947.2 trillion won in civil engineering construction, a slight decline from 22.564 trillion won last year, but the contractor managed to retain the No. 1 position for the ninth consecutive year.

Hyundai E&C earned 12,604.1 trillion won to rank 2nd. DL E&C ranked 3rd with 9.958.8 trillion won, a five-slot jump from 8th last year.

DL E&C was spun from Daelim Industrial’s Construction Business in January 2021. DL E&C saw its 3rd place ranking in 2020 drop to 8th in 2021 in the wake of a lower evaluation of capital, but recovered to the original place.

POSCO E&C placed 4th with 9.612.3 trillion won. GS E&C ranked 5th with 9.564.2 trillion won.

Daewoo E&C placed 6th with 9.230.5 trillion won, followed by Hyundai Engineering, which ranked 7th with 9.118.5 trillion won and Lotte E&C, which placed 8th with 7.295.4 trillion won and SK ecoplant, which ranked 9th with 5.356 trillion won.

HDC Hyundai Development Company, which suffered a setback with the collapse of an apartment building under construction in Gwangju, saw its ranking drop from 9th in 2021 to 10th this year.

By business, in the civil engineering category, Hyundai E&C ranked 1st with 1.416.4 trillion won, followed by Daewoo E&C with 1.308 trillion won and SK ecoplant with 1.248.5 trillion won.

In the architecture category, Hyundai E&C ranked 1st with 6.500.8 trillion won, followed by Samsung C&T with 6.488.3 trillion won and Daewoo E&C with 5.226.8 trillion won.

In the industry and environment equipment sector, Samsung Engineering placed 1st with 7.291.8 trillion won, followed by Samsung C&T with 3.342 trillion won and Doosan Enerbility with 2.280.8 trillion won.

By construction type, in the apartment category, GS E&C ranked 1st with 4.520.2 trillion won, followed by Daewoo E&C with 4.400.6 trillion won, Hyundai Engineering with 904.8 billion won, and Samsung C&T with 665.2 billion won.

Samsung C&T Engineering & Construction Group has dramatically reduced the occurrence of safety accidents by utilizing floor robots to replace high-danger works. (Photos: Samsung C&T)

Samsung C&T Leads Green Shift in Construction Field

The construction industry these days is making strides to become more resource-efficient and eco-friendly.

Samsung C&T Engineering & Construction Group is playing a leading role in the industry in its adoption of eco-friendly practices.

The E&C Group is particularly increasing its efforts in the production and development of technology related to hydrogen and ammonia, both forms of clean energy.

Samsung C&T Engineering & Construction Group has recently made an agreement with five other companies to jointly promote clean energy projects related to hydrogen and ammonia, which are in the spotlight as next-generation energy sources.

The six companies agreed to work together in building infrastructure and the supply chain that will bring clean fuels that have been produced overseas to be stored onshore in Korea.

Additionally, the consortium has plans to expand the scope of cooperation through all of their value chains.

As a part of this priority project, the consortium plans to construct a large-scale clean energy hub terminal in the east of Korea where clean energy sources imported from overseas can be stored before supplying them to power plants or hydrogen charging stations.

The collaboration of these six firms in the clean energy field is expected to support Korea’s vision and concrete goal to become carbon neutral by 2050 and to contribute to reducing greenhouse gas emissions and accelerating the new hydrogen economy.