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Construction
President Park Young-shik of Daewoo Construction, right, and President Jung Soo-hyun of Hyundai Construction, 2nd left, each hold an MOU signed with Bahman Geno of Iran to build an oil refinery and connected roads for $11.5 billion on May 3 in Teheran, Iran, on the heels of President Park Geun-hye’…
Chairman Choi Sam-kyu of the Federation of Construction Associations makes his speech at a ceremony to honor the 69th Construction Day.  The Federation of Construction Associations held a ceremony to commemorate the 69th Construction Day on June 17 at the Construction Hall in Nonhyeon-dong, Se…
President Cho Ki-haeng of SK Engineering and Construction Co. SK Engineering and Construction Co. secured a contract to build a multiplex in the Kwangyo New City Business 5-1 Bloc in Suwon, Gyeonggi Province, just outside Seoul, the company announced on April 28. The project involves the construct…
GS Engineering and Construction Co. clinched a huge project to build an oil exploration facility in the South Pars gas field region in Iran known for its great gas reserves by signing an MOU for the project estimated to be worth $2.4 billion, the company said on May 3. The South Pars gas explorat…
Children with the sun lamps provided by Hyundai E&C at a welfare center in Myanmar have their photo taken with the sun lamps.(Photo:Hyundai E&C) Since becoming a member of Hyundai Motor Group in 2011, Hyundai Engineering and Construction Co. has been working hard on social service activitie…
A bird's eye view of the Ilsan Edufore Prugio Apartment Complex in West Ilsan, Koyang City outside of Seoul which is being sold by Daewoo E&C.(Photo: Daewoo E&C) Daewoo E&C has been selling its Ilsan Edufore Prugio Apartment Complex, which is to be built at 100-1, Tanhyun-dong, West Ils…
President Choi Chi-hun of Samsung C&T Corp.(Photos:Samsung C&T). Samsung C&T Corporation won a series of projects in Southeast Asia worth a combined 1.37 trillion won ($1.19 billion) earlier this year. In February, the corporation secured a 388 billion won contract to build Singapore’…
President Choi Chi-hun of Samsung C&T Co. Samsung Construction & Technology (Samsung C&T) said recently that the company and its consortium have been named as the priority bidder for the Site C Dam Project estimated to cost $1.5 billion by the British Columbia Hydro and Power Authority.…
President Lim Byeong-yong of GS E&C. GS Engineering and Construction Co. has been working on a plan to build the so-called “Xi Town” in the Banpo Area of southern Seoul. Xi is the brand name of the apartment complexes the company is building around the country. The construction firm has been…
An artist’s conception shows the No. 7 section railroad-bed project, which has been awarded to a consortium led by Hanshin E&C. The double-track line links Dodam and Yeongcheon, Gyeongsangbuk-do.(Photos:Hanshin E&C) Hanshin Engineering and Construction Co. (Hanshin E&C) and its consort…
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Business/Company
KT Chairman Hwang Chang-gyu delivers a key-note speech at the Mobile World Congress (MWC) 2017 in Barcelona, Spain, on Feb. 27. (Photo: KT) KT Chairman Hwang Chang-gyu said KT will commercialize G5 network technology for the first time in the world …
LG U+ Vice Chairman Kwon Young-soo. LG U+ unveiled the Self Backhole Node, a core component of fifth-generation (5G) networks, that the company jointly developed in cooperation of Finnish tech giant Nokia. The announcement was made at the Mobile Wor…
POSCO Chairman Kwon Oh-joon welcomes shareholders prior to an shareholder's meeting at the POSCO Center in Seoul on March 10 in which he was officially reelected for his second term.(Photo: POSCO) POSCO Chairman Kwon Oh-joon, after being reelected f…
SK Telecom President Park Jung-ho reveals his company’s plan to lead the building of a connected car network in connection with the advent of a self-driving car ear during his meeting with reporters on the sideline of the Mobile World Congress 2017 …


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