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Construction
President Yoo Chang-keun of the Incheon Port Authority.With the opening of Incheon New Port on June 1, Incheon Port aims to be a seaport hub of Northeast Asia.(Photos:IPA) The new B terminal of Incheon Port, which is connected through the Songdo International Business City in the Incheon Free Econo…
 Chairman Park Chang-min of the Korea Housing Association. The Korean housing market has reached a milestone. Transactions are back to levels not seen since before the global financial crisis. There is no concern of a housing glut, said Chairman Park Chang-min of the Korea Housing Association …
President Park Geun-hye and President Islam Karimov of Uzbekistan shake hands during their summit on May 28 at Cheong Wa Dae.Vice Chairman Huh Myung-soo, right, of GS E&C shakes hands with Chairman Shokir Faizullaev of Uzbekneftegas after signing an MOU at Cheong Wa Dae on May 28 on GS E&C a…
A view of the Gwangyang Bay in S. Jeolla Province, where Hareyong Gen. Industrial Complex is to be built to lead the development of the southern region of the province, which already has POSCO's Gwangyang Steel Complex and GS Caltex oil refinery complex near Yeosu. During its 76th meeting on May 29…
President Hwang Tae-hyun of POSCO Engineering and Construction Co.A bird’s eye view of the skyscrapers of the L(Leaders) City Project to be built in Haewoondae in Busan by POSCO Construction.(Photos:POSCO E&C) POSCO Engineering and Construction Co. is slated to build a 101-storey residential, …
President Jeon Byeong-eal of Daewoo International, right, signs an MOU with Minister Barbanyaz Italmazov of the Ministry of Industry of Turkmenistan on the construction of a steel plant in the Central Asian nation on April 13 at Cheong Wa Dae while President Park Geun-hye and her counterpart Preside…
LSIS Chairman Koo Ja-kyun. This photo shows a deal in which LSIS signed to build GIS substations from the Iraqi government in 2013. In the latest development, the Korean company won the largest-ever single contract to build GIS substations as part of the Bismayah New City Project.(Photos:LSIS) LSIS…
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…
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Policy/Politics
Seoul Mayor Park is heading a special envoy delegation to the ASEAN for President Moon Jae-in, including Rep. Kim Hyun-mi of the MPK, who was appointed to be minister of land, infrastructure and transport, and Rep. Shin Kyung-min. Seoul Mayor Park W…
Prime Minister Lee Nak-yon delivers his inaugural speech on June 1 after he was approved by the 1st premier of President Moon Jae-in government. Prime Minister Lee Nak-yon took office on June 1 after getting the nod from the National Assembly as the…
President Moon Jae-in delivers his congratulatory speech at the 2017 AIIB Annual Meeting at the Jeju International Convention Center on June 16. (Photo: Cheong Wa Dae) President Moon Jae-in on May 10 said the Silk Road by land and sea will be comple…
Korean National Assembly Speaker Chung Se-kyun poses with foreign parliamentary leaders, including Indian House Speaker Sumitra Mahazan, during their meeting designed to discuss the 2nd Eurasian Parliamentary Summit in Seoul on April 2. (Photo: Natio…


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