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Construction
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 …
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…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.KB Financial Group plans to continue to retain its position as a leading financial group in Korea as the first financial group to join the envious 3 Trillion Club in net profit.The group set out to streng…
New Chairman Kim Kwang-soo of NH Financial Group and key executives joined by important guests pose for a group photo session following the inaugural ceremony for the new chairman on April 30 held at the financial group’s head office in Seoul.Kim Kw…
The winners of the 2018 State Industry Grand Awards including Pres. Shin Hong-seob of KB Savings Bank, pose for a photo session at Grand Hilton Hotel Ballroom in Seodaemoon Ward in Seoul, where the event took place on May 17.(Photos: KB Savings Bank)…
President Ham Young-joo of KEB Hana Bank. (Photo: KEB Hana Bank)KEB Hana Bank has been leading the retirement fund market, led by its Target Date Fund (TDF) that was launched two years ago. It’s said to be selling well among customers, which is help…


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