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Vice Chairman Chung Jin-haeng of Hyundai E&C, 3rd L, joins of the Iraqi special envoy and Korean officials in holding their right arm up after getting a LOI on the Common Seawater supply Project worth $2.45 billion on May 22 in Iraq.Vice Chairman Chung Jin-haeng of Hyundai E&C.Hyundai Engine…
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A bird-eye view of a project to build road tunnels crossing River Thames in London, won by SK E&C. A map of the route of the Silver Town Tunnel Project. (Photos: SK E&C)SK E&C has won an order to build a road tunnels under the River Thames in London, outbidding global contractors. It was…
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President Lee Kang-rae of Korea Expressway Corp. (KEC)Korea Expressway Corp. (KEC) is soon to launch a project to build an expressway connecting Hamyang, Gyeongsangnam-do, and Hapcheon, Gyeongsangnam-do. The Hamyang-Hapcheon Expressway section is part of an ongoing project to construct an expressway…
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A map showing the key positions along the Doha Link Project from the Entertainment City Interchange to Shuwaikh Port in Kuwait.GS Engineering and Construction Co. (GS E&C) clinched the Doha Link Project in Kuwait in 2014, involving the construction of a bridge over sea and land, the first infras…
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Prime Minister Lee Nak-yeon delivers a commemorative speech at a ceremony to mark the 72nd anniversary of Construction Day at the Construction Hall in Nonhyeon-dong, Seoul, on June 20.Chairman Yoo Joo-hyun of the Federation of Construction Associations (FCA) speaks at the 2019 Construction Day anniv…
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A view of the Lotte Castle Classia apartments to be built in Kileum New Town in Seoul to be put on presale.The complex has 2,029 apartments built in 19 buildings 37 stories high with 6 basement floors with sizes ranging from 57 sq. meters to 112 sq. meters. (Photo: Lotte E&C)Lotte E&C will l…
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An aerial view of Sheikh Jaber Causeway built by Hyundai E&C to link Kuwait City and Subiyah New Town in Kuwait which was officially opened at a ceremony on May 1 led by Crown Prince HH Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, Prime Minister Lee Nak-yon and President Park Dong-wook of Hyundai Co…
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A bird’seye view of the Kumho Eoullim Apt Complex in Namchon, Busan, to be built by Kumho E&C.(Photo: Kumho E&C)The Eoullim, Kumho E&C’s apartment brand, is getting “smarter.” The company is working hard on the development of an apartment with IT installed by adding a “Wall pad” an…
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A bird’s eyeview of the GS E&C’s Bangbae Grand Xi Apt. Complex. A bird’s eyeview of the Seocho Grand Xi Apt. Complex. (Photos: GS E&C)GS E&C is slated to begin the presale of its newly built apartments around the country, starting with the Bangbae Gand Xi Complex located in Seocho War…
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Chairman Yoo Joo-hyun of the Construction Association of Korea (CAK)Chairman Yoo Joo-hyun of the Construction Association of Korea (CAK) wants a new, normalized regime, for calculating construction costs of projects being ordered by the central government and local governments. In a meeting with rep…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group joined the trend of logging record-breaking first-quarter earnings, achieving its highest performance since its merger with Korea Exchange Bank (KEB) wi…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group logged an all-time high net profit of about 1.9 trillion won in the first quarter of this year, driven by improved outcomes in the non-banking sector. K…
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Shinhan Bank President Jung Sang-hyuk poses for a photo with officials of FTP Corp. in Hanoi,Vietnam. (Photo: Shinhan Bank)Shinhan Bank announced on April 27 that it signed business agreements with major local financial and industrial institutions by…
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KODIT CEO Kang Seung-jun (fifth from the left) poses for a photo with participants in the NEST AI-Lab Launch Ceremony on May 8. (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced on May 11 that it held a launch ceremony for NEST AI-Lab at NE…
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