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Source: Hyundai E&C Hyundai Engineering and Construction Co. (HDEC) had a record year in 2016 with its operating profit surpassing 1 trillion won, the best in the construction industry, despite a slowdown in the global construction market.  The company on Feb. 26 said that its consolidate…
Residents at Samsung C&T Village on Chargaon, Maharashtra State in India gesture to extend thanks for the dedication of the village, built by Samsung C&T. (Photo: Samsung C&T) Since building Samsung C&T Village in Pasirharang Town on Java Island, Indonesia in 2015, Samsung C&T C…
A drawing of the 3.7 km long Canakkale Suspension Bridge to be built over Dardanelles Strait in Turkey by 2023 at the cost of 3.5 tln won.(Photo: SK E&C) SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world's longest s…
Dignitaries, including Acting President Hwang Kyo-ahn,; Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT),; Chairman Cho Jung-shik of the National Assembly Land, Infrastructure and Transport Committee,; and Chairman Choi Sam-kyu of the Federation of Construction Assoc…
President Choi Kwang-cheol of SK Engineering and Construction Co. SK Engineering and Construction Co. announced on Dec 21 that it completed the construction of the Eurasia Undersea Tunnel, which stretches 5.4 km under the Bosphorus Strait connecting Europe and Asia. The new undersea tunnel, the fi…
Chairman Park Seung-joon of Construction Guarantee. Construction Guarantee moved its branch in Yesan County, South Chungcheong Province, to Naepo New City, South Chungcheong Province on Nov. 10 and named it as its Hongseong Branch before formally opening it in a ceremony on Nov. 10. Dignitaries at…
A view of a $900-million luxury  four-star hotel with more than 3,000 rooms  that POSCO E&C will build for a Saudi construction firm to serve millions of pilgrims near Medina and Mecca, Saudi Arabia.(Photo: POSCO E&C) POSCO E&C has signed a $900 million joint venture with a Sa…
Headquarters Manager Ahn Seung-kyu of Hyundai E&C in charge of the Gas Plant Project Headquarters, right, shakes hands with Vice President Maji Mugla of Aramco, after signing an agreement on the right to build a gas plant in Saudi Arabia at the cost of $735 million by the Korean builder on Feb. …
POSCO E&C President Han Chan-kun inspects the construction of the Sharp First Park Apartments in Songdo. POSCO E&C ranked 3rd in the “construction capability evaluation in 2016” conducted by the Ministry of Land, Infrastructure and Transport among domestic construction companies. In 2014…
LH President Park Sang-woo, Director General Bader Al-Wagayyan of the Public Authority for Housing Welfare of Kuwait and other LH and PAHW officials pose for a group photo at a ceremony to sign an MOU on cooperation for the development of South Saad Abdullah New Town on May 8. (Photo: LH) Korea Lan…
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Industry/Energy
POSCO Chairman Kwon Oh-joon attends a ceremony of setting a fire to the third blast furnace of the Pohang Steelworks on June 6. The third blast furnace at the Pohang Steelworks entered operability as the world’s fifth largest blast furnace, after w…
Vice Chairman Woo Yoo-cheol of Hyundai Steel.(Photo: Hyundai Steel)Hyundai Steel has succeeded in producing next-generation auto steel sheet prototypes based on artificial intelligence algorithms used in AlphaGo, the AI computer program developed by …
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) gives an appointment letter to Prof. Cha Sang-gyun of Seoul National Univeristy who was tapped as chairman of a committee designed to purse “Digital KEPCO’ based on big data and ICT to pr…
Korea Southern Power Co. (KOSPO) President Yoon Jong-geun poses with Chilean President Michelle Bachelet and Park Seok-ho of head of KOSPO’s Chilean operation, while attending a ceremony to dedicate the 517MW gas-fired combined power plant in Mejill…


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