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President Kim Hak-song of Korea Expressway Corp. (Photos: KEC) The Korea Expressway Corp. (KEC) publishes live traffic information on its website, roadplus.co.kr, but now it can forecast road conditions in advance, similar to how a weather service used data to predict future weather patterns. …
President Seo Jae-hwan of Kumho E&C. (Photo: Kumho E&C) Kumho Engineering and Construction Co.(Kumho E&C) succeeded in living up to its reputation as one of the most ambitious builders across the world. The construction company started making a name for itself as a landmark builder when…
Chairman Park Seung-joon of Construction Guarantee(CG). Construction Guarantee (CG) announced that its net profit for 2016 amounted to 172 billion won, up 82.9 percent from the preceding year, the largest in the company’s history. CG made the announcement at the 111th regular conference on March 2…
Standing Director Huh Yoon-hong of GS Engineering and Construction Co. GS Engineering & Construction (E&C) is poised to enter the U.S. housing market, participating in a reconstruction project of old apartments in Silicon Valley, California. Managing Director Huh Yoon-hong of GS E&C, t…
President Choi Chi-hoon of Samsung C&T. President Choi Chi-hoon of Samsung C&T Construction said the company this year will focus on risk management to safeguard profitability. In a letter sent on March 12 to shareholders who are slated for March 24, Choi said the construction sector will …
Chairman Yoo Joo-hyun of the Construcion Association of Korea. President Yoo Joo-hyun of Shinhan Construction has been officially named the 27th chairman of the Construction Association of Korea.  The announcement came at a meeting of government officials in charge of construction policies le…
Source: Hyundai E&C Hyundai Engineering and Construction Co. (HDEC) had a record year in 2016 with its operating profit surpassing 1 trillion won, the best in the construction industry, despite a slowdown in the global construction market.  The company on Feb. 26 said that its consolidate…
Residents at Samsung C&T Village on Chargaon, Maharashtra State in India gesture to extend thanks for the dedication of the village, built by Samsung C&T. (Photo: Samsung C&T) Since building Samsung C&T Village in Pasirharang Town on Java Island, Indonesia in 2015, Samsung C&T C…
A drawing of the 3.7 km long Canakkale Suspension Bridge to be built over Dardanelles Strait in Turkey by 2023 at the cost of 3.5 tln won.(Photo: SK E&C) SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world's longest s…
Dignitaries, including Acting President Hwang Kyo-ahn,; Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT),; Chairman Cho Jung-shik of the National Assembly Land, Infrastructure and Transport Committee,; and Chairman Choi Sam-kyu of the Federation of Construction Assoc…
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Industry/Energy
KHNP President Chung Jae-hon signs an MOU with chief of UJZ Rez, the Czech state-run nuclear power research institute, to expand cooperation with the Czecho nuclear power industry.Korea Hydro & Nuclear Power President Chung Jae-hoon’s bid to lan…
A view of KEPCO headquarters in Naju, Jeollanam-do. (Photos: KEPCO)President Kim Jong-gap of Korea Electric Power Corp. President Kim Jong-gap of Korea Electric Power Corp. (KEPCO) held a ceremony to kick off the 2019 business year with executives an…
KOEN headquarters in Jinju, Gyeongsangnam-do. (Photos: KOEN)President Lyu Hyang-yeol of Korea South-East Power Co. (KOEN).Korea South-East Power Co. (KOEN) plans to raise its portion of new and renewable power generation to 25 percent by 2030. To thi…
Steel industry leaders gesture for solidarity at a New Year gathering for those in Korean steel industry at POSCO Center in southeastern Seoul on Jan. 10. The participants include Minister Sung Yoon-mo of the Ministry of Trade, Industry and Energy (M…


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