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Construction
Shinpyeongtaek Power Co. President Im Seung-tae, POSCO E&C President Hwang Tae-hyun, Seohee Construction Chairman Lee Bong-gwan, and other business partners hold a copy of an EPC contract to build a 950MW liquefied nature gas-fired combined cycle power plant they signed.(Photos:POSCO E&C) S…
Samsung C&T and its consortium member firms undertake the Riyadh Metro Construction Project.(Photo: Samsung C&T) Samsung C&T and its consortium member firms broke ground on the Riyadh Metro Construction Project in a ceremony toward the end of April in the presence of a number of dignita…
An artist’s conception shows the Hill State Taejeon Apartment Complex Hyundai E&C is now building in Taejeon-dong, Gwangju City, Gyeonggi-do. (Photos:Hyundai E&C) Hyundai Engineering and Construction Co., a main construction unit of Hyundai Motor Group, has begun presales of 3,146 units of…
Chairman Kim Seung-youn of Hanwha Business Group shakes hands with a foreign crew during his recent tour to the construction site of the Bismayah New City in Iraq. (Photo:Hanwha) Chairman Kim Seung-youn of Hanwha Business Group made another feat in Iraq. Chairman Kim won an additional $2.12 billion…
A drawing of a row of Prugio apartment buildings to be built in Bukahyon-dong, Seoul, by Daewoo E&C for completion in November, 2017.(Photo:Daewoo E&C)Daewoo Engineering and Construction Co. opened a model house on April 10 for the Ahyon Prugio apartment complex, which will be built in the B…
President Lee Jae-young of Korea Land and Housing Corp.(Photo:LH) Korea Land and Housing Corp. (LH) posted over 1 trillion won in net profit last year, while the company’s debts were reduced for the first time since 2009 when the new company was born from the merger of the Korea Housing Corp and K…
This photo shows the route of the projected Seoul Jemulpo Tunnel.  A project to build a 7.53 km-long underground tunnel below Jemulpo Road, which leads from Shinwoel Interchange — the existing representative traffic bottleneck junction between the Gyeongin Expressway and Nambu Ring …
President Chung Su-hyun of Hyundai Engineering and Construction Co., and Vice Chairman John Rice of General Electric hold the copy of an MOU they signed for their  companies on cooperation on a wide range of areas from energy and infrastructure to construction, including  hospitals at the …
A view of a construction site somewhere in the Middle East.(Photos:Daewoo E&C) Daewoo E&C has been turned around, posting a profit last year, erasing the deficit it recorded the year before under the leadership of President Park Young-shik, who took over the helm of the ailing company in Ju…
Rep. Huh Sun-haeng of the Plant Division of GS E&C shakes hands with President Anton Castillo of PDVSA Gas, the owner of the project, after signing an agreement assigning the Korean builder to take charge of the huge Pirital-I Project in Caracas, Venezuela recently. The project to build  ga…
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Policy/Politics
Presidential hopefuls include (from left) Moon Jae-in, Ahn Hee-jung, and Lee Jae-myung, the three on the tick of the Democratic Party of Korea (DPK) as well as Ahn Cheol-soo of the People’s Party,  Yoo Sung-min of the Barun Party, and Hong Joon…
The Korea Institute for Advancement of Technology (KIAT) hosts a forum on startups’ future innovation.  The Korea Institute for Advancement of Technology (KIAT) hosted a session at the Daegu Venture Center of the Daegu Technopark on March 8 to…
Second Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) speaks at the inaugural session of the Nuclear Power Export Consultative Committee at the Seoul Palace Hotel on Feb. 3. (Photo: MOTIE) The government has joined f…
Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT). The Ministry of Land, Infrastructure and Transport (MOLIT) plans to pour 470 billion won into research and development to foster new industry businesses and brace for…


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