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Construction
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…
Hyundai E&C CEO Jung Soo-hyun (Photos:Hyundai E&C) Hyundai Engineering and Construction Co. will name its apartments “The H,” which is in line with Hyundai Motor Group’s huge plan to build a 105-floor Global Business Center in Samsung-dong, southern Seoul, at the old site of Korea Electr…
President Hwang Tae-hyun of POSCO Engineering and Construction Co.Key officials of both POSCO E&C and Masinloc Power Partners, a subsidiary of  AES Corp., celebrate after signing a contract awarding the Masinloc Thermal Power Plant Project to POSCO E&C at the office of Masinloc Power Pa…
CEO Park Young-shik of Daewoo Engineering and Construction Co.(Photos:Daewoo E&C) Daewoo Engineering and Construction Co. has come to a point where it will be able to recover its past glory as a top builder in Korea. So far this year, it has captured over 10 trillion won worth of construction p…
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Policy/Politics
South Korean President Moon Jae-in delivers his maiden speech at the UN General Assembly in New York on Sept. 21. How can North Korean leader Kim Jong-un’s nuclear arms ambitions be stopped? Is it possible that the United Nations Security Council’…
Gov. Choe Heung-sik of the Financial Supervisory Service.(FSS)(Photo: FSS)Gov. Choe Heung-sik of the Financial Supervisory Service (FSS) stressed at his inaugural ceremony on Sept. 11 that the Financial Supervisory Service will perform its services c…
Chairman Choi Jong-ku of the Financial Services Commission (FSC) will try to cut the maximum interest rate on defaulted loans, now standing at 14 percent per year. He also plans to make insurance firms to make payments to those who have yet to see …
Dir.-Gen. Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport. Director-General Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport said in a recent written interview with…


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