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The Federation of Construction Associations held a ceremony for the 2012 Construction Day and the celebration of Korean construction firms undertaking over $500 billion worth of construction projects overseas at Construction Hall in southern Seoul on July 2 with hundreds of construction industry lea…
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The longest tunnel in Korea, the eco-friendly Baehuryong Tunnel linking Shinbuk Village, Chuncheon, and Hwachon County in Kandong-myon, Gangwon Province, opened to traffic on May 30, completing an eight-year project that Dongbu Construction kicked off in 2004.The area is known for such rough curves …
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Hanwha Engineering & Construction (E&C) has signed a huge deal valued at $7.75 billion to build a new town in Iraq near the capital, Bagdad. Hanwha E&C said on May 24 that its Vice Chairman Kim Hyun-chung signed the deal with Iraqi National Investment Commission Chairman Sami …
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Hyundai Development Co. has been operating a variety of systems and events for expanded inter-office communication to create a fresh corporate culture, the company said recently.The reason to create a fresh corporate culture has been the need to overcome various problems faced by the company includi…
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Hyundai Development Co. has been operating a variety of systems and events for expanded inter-office communication to create a fresh corporate culture, the company said recently.The reason to create a fresh corporate culture has been the need to overcome various problems faced by the company includi…
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Daelim Industrial Co. has been expanding its overseas projects rapidly since its total project orders exceeded 1 trillion won in 2006. Its Plant Business Department has been working overtime to achieve its vision, dubbed “Value Creating, Global Plant Builder,” by strengthening its capacity for glo…
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Daewoo Engineering & Construction (President Seo Jong-uk) won a project in Algeria worth $350 million involving the recovery of an 18-km long stream cutting across the Algerian capital of Algiers to improve the quality of water in the stream and create cultural and rest facilities along the stre…
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As of May 30, Korean construction firms won a total of $500 billion worth of overseas projects since they landed their first project in Thailand 47 years ago. Hanwha Construction’ s huge $7.8 billion project order to build 100,000 houses in Iraq put the total overseas construction projects won…
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Korea Expressway Corp. on Jan. 31 invited some 100 top executives of construction firms including CEOs of 40 firms to a breakfast meeting to brief them on major highway projects to be undertaken this year and to seek their cooperation, the company said recently.At the meeting, Korea Expressway Corp.…
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The Ministry of Land, Transport and Maritime Affairs (MLTM) said Korea’ s total length of highways across the country was extended by 105,931 km last year, up 0.3 percent compared to the previous year.The total highway extension came to only 10 percent of that in Japan at 1,278,670 km and 2 percent…
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On May 27, Shinhan Bank President Jung Sang-hyuk poses for a photo with KBO Commissioner Heo Gu-yeon after signing an agreement at KBO Hall in Gangnam-gu, Seoul. (Photo : Shinhan Bank)Shinhan Bank announced on June 12 that it has launched the “Succe…
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Yang Jong-hee, chairman of KB Financial Group pose for a commemorative photo with Yoon In-dae, deputy minister of economy and finance at the Value-Up Company Awards in Seoul, on May 27. (Photo : KB Financial Group)KB Financial Group received the Exce…
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Yim Jong-yong, chairman of Woori Financial Group, poses for a photo with the first-place team at Woori Financial Dream Round held at Seowon Valley Country Club in Paju, Gyeonggi-do on April 22. (Photo : Woori Financial Group)Woori Financial Group’s …
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On May 30, Lee Chan-woo, chairman of NongHyup Financial Group poses for a photo with Park Il-young, president of Korea Investment Corporation after inking an agreement on a joint investment in overseas private equity funds at NongHyup Financial Group…
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