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Construction
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…
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 …
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Industry/Energy
New President Lyu Hyang-reol Korea South-East Power Co. (KOEN), his executives and staff members raise their fist to show solidarity as he took the helm at the power company as the 7th president & CEO of the power company at its headquarters in J…
New Korea Midland Power Co. (KOMIPO) President Park Hyung-gu gestures with his executives and staff after he took office as the eighth president & CEO of the power company at the KOMIPO headquarters in Boryeong, Chungcheongnam-do, on Feb. 13. (Ph…
A view of Hyundai Oilbank’s plant in Daesan, Chungcheongnam-do.  (Photo: Hyundai Oilbank) All four oil refineries in Korea had their operating profits surpassed 1 trillion won level last year with Hyundai Oilbank seeing its operation profit ex…
Acting President Kim Si-ho of KEPCO. Korea Electric Power Corp. (KEPCO), one of the nation’s largest public entities, is building “Energy Valley” in Naju, Jeollanam-do, the home of the KEPCO’s headquarters, and Gwangju Metropolitan City to promo…


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