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Lotte Engineering and Construction Co. has clinched the largest diesel power plant project in the world, which will include 38 16-mw class power generators at a price of $550 million in Jordan, the builder said recently.The diesel power generators will be built in Amanaker, some 30 km from Amman, th…
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POSCO Engineering and Construction Co. (POSCO E&C) has been awarded the Friendship Medal by the Vietnamese government in recognition of its successful establishing of a master plan for Hanoi’s new city.The Vietnamese government presents the Friendship Meda to foreign organizations and individua…
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The government wants to help the 2018 Pyeongchang Winter Olympics to be a great success by connecting the Olympic venue with a KTX Line to cut travel time. The construction on the high-speed rail with 12 sections got its start in June and is scheduled to be completed in 2017, which will improve…
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A consortium led by Korea Expressway Corp. (KEC) has succeeded in winning a project management consulting contract in the area of civil engineering projects overseas worth 13.5 billion won on Aug. 1, the highway company said recently.The highway company said the consortium, which includes Seoul City…
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Hanwha L&C President Kim Chang-bum is one of the advocates of shared growth, which is emerging as an issue between large-sized conglomerates and their SME business partners over how to achieve simultaneous growth. President Kim said, “True to our group’s spiritual cause of ‘Together, Fur…
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Korea Expressway Corp. (KEC President Chang Seok-hyo) devotes itself to promoting environment-oriented expressway construction and technology development as part of its efforts to improve energy efficiency and reduce greenhouse gas emissions.The KEC has developed a GHG emissions calculation program …
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The Ministry of Land, Transport and Maritime Affairs hosted the 21st Road Day ceremony on July 6 at Seoul Cultural Hall with some 1,000 related government officials led by Minister Kwon Do-youn and construction industry leaders including President Chang Seok-hyo of Korea Expressway Corp. in attendan…
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POSCO E&C(vice-chairman & CEO Chung Dong-Hwa) held its groundbreaking ceremony for the Brazil CSP Steel Plant Complex on July 17 at the Pecem Industrial Complex in Ceara in northeastern Brazil. The Brazil CSP Steel Plant Complex worth $4.34 billion, for which POSCO E&C won the const…
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Samsung C&T became the exclusive contractor for UIC Investments Pte. Ltd’s UIC Redevelopment project with which it signed a contract worth $266 million, the company said on May 17. UIC Redevelopment project involves demolition of a 40-story office building that was completed in 1973 and the con…
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GS E&C declared its mid- to long-term Vision 2020 to aim for being a sustainable global company by seeking out future growth engines overseas to upgrade itself as a total global company in order to expand the portion of its revenues from overseas to 70 percent of its total annual revenue by 2020…
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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LG U+ President Hong Bum-sik reveals an ambitious plan to lead the AI sector at his first meeting with reporters after he took office at INNSiDE by Meliá in Barcelona on the sidelines of Mobile World Congress 2025 on March 4. (Photos: LG U+)LG U…
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President Hong Bum-sik of LG U+ talks with officials of the Daejeon R&D Center as he toured the center to look into the education on the operation of networks and technology verification field center as his first field inspection tour of 2025 on …
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