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President Kim Hak-song of Korea Expressway Corp. (Photos: KEC) The Korea Expressway Corp. (KEC) publishes live traffic information on its website, roadplus.co.kr, but now it can forecast road conditions in advance, similar to how a weather service used data to predict future weather patterns. …
President Seo Jae-hwan of Kumho E&C. (Photo: Kumho E&C) Kumho Engineering and Construction Co.(Kumho E&C) succeeded in living up to its reputation as one of the most ambitious builders across the world. The construction company started making a name for itself as a landmark builder when…
Chairman Park Seung-joon of Construction Guarantee(CG). Construction Guarantee (CG) announced that its net profit for 2016 amounted to 172 billion won, up 82.9 percent from the preceding year, the largest in the company’s history. CG made the announcement at the 111th regular conference on March 2…
Standing Director Huh Yoon-hong of GS Engineering and Construction Co. GS Engineering & Construction (E&C) is poised to enter the U.S. housing market, participating in a reconstruction project of old apartments in Silicon Valley, California. Managing Director Huh Yoon-hong of GS E&C, t…
President Choi Chi-hoon of Samsung C&T. President Choi Chi-hoon of Samsung C&T Construction said the company this year will focus on risk management to safeguard profitability. In a letter sent on March 12 to shareholders who are slated for March 24, Choi said the construction sector will …
Chairman Yoo Joo-hyun of the Construcion Association of Korea. President Yoo Joo-hyun of Shinhan Construction has been officially named the 27th chairman of the Construction Association of Korea.  The announcement came at a meeting of government officials in charge of construction policies le…
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…
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Business/Company
POSCO Chairman Kwon Oh-joon speaks at a ceremony to kick off the 2018 business year. A view of a control room of POSCO equipped with SMART gadgets to control the production of steel products at its steel plants.(Photos: POSCO) POSCO will seek n…
LG Chem Vice Chairman Park Jin-soo gives a lecture to about 500 freshman employees at the LG Manpower Institute in Icheon, Gyeonggi-do, on Jan. 4. (Photo: LG Chem) LG Chem logged its best-ever business performance in 2017 since its establishment, ri…
Chairman Park Jeung-won of Doosan Group.(Photos: Doosan Group) Doosan Infracore, the maker of excavators and other construction equipment in Korea, logged an operational profit of 660.8 billion won last year, up 35 percent YoY, with the sale of the …
A Self-driving NEXO is test-operated on an expressway between Seoul and PyeongChang, the venue of the 2018 Winter Olympic Game.President Moon Jae-in waves as he tries out a self-driving NEXO at the Meeting Plaza of the Gyeongbu Expressway on Feb. 2. …


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