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SK Group signed an MOU on the construction of a large thermal power plant with EUAS, a Turkish national power company, worth $2 billion, the group said recently.SK Engineering and Construction Co. played a big role in signing the deal by showing off its outstanding construction technologies in build…
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Daewoo Engineering and Construction Co. has won its first construction project for this year by picking up an ODI phosphate rock fertilizer plant construction project in Morocco and an onshore gas facilities construction project in Saudi Arabia worth a combined $460 million, the company said recentl…
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This map shows highways, which are being built, all leading toward sports venues of the 2018 Olympics in PyeongChang, Gangwon Province. A total of 15 highways are being built, both previously-planned and newly-planned ones, all leading toward Pyeongchang, Gangwon Province, the venue of the 2018…
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HHl’s first two very-large crude containers (VLCCs) are christened in a ceremony at its shipyard in Ulsan on June 28, 1974. The ceremony also coincided with the dedication of the shipyard.Hyundai Heavy Industries (HHI) marked the 40th anniversary of its establishment on March 23. HHI can trace back…
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President Cho Choon-koo of Sudokwon Landfill Site Management CorpPresident Cho Choon-koo of Sudokwon Landfill Site Management Corp. in an interview with NewsWorld said landfill sites around Seoul will be made into an environmentally friendly space where people can have enjoyable outings amid greener…
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Park Jong-hum, director general for logistics policy at the Ministry of Land, Transport and Maritime AffairsBusan Port has joined the top five cargo ports that have all surpassed 15 million TEUs following Hong Kong, Singapore, Shanghai, and Shenzhen.“The government plans to implement diverse p…
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President Lee Myung-bak speaks at an emergency economic ministers’ meeting at the Korea Finance Corp. headquarters in Seoul as Minister of Strategy and Finance Bahk Jae-wan looks on. The government decided to set up a $500 million fund supporting Korean contractors’ activities in the Mideast. …
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President Kim Jae-yol, in charge of overall management planning for Samsung Engineering Co., has been widening his areas of management responsibility recently.Kim was with President Park Ki-seok in a signing ceremony for the company's winning a project to build an NGI plant in Abu Dhabi on Feb. 2 at…
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Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expenses nationwide and creating 60,000 jobs.The highway construction…
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Environment Vice Minister Yoon Jong-soo explains his ministry 's policies at a meeting with members of the Seoul Foreign Correspondents' Club.About 1,000 environment experts from around the world will assemble at the International Convention Center (ICC) Jeju from Sept. 6-15 to participate in t…
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President Yoon Seog-dae of Korea Water Resources Management Corp. (K-water) poses with ambassadors to Korea from the EU and four EU member states as they toured K-water headquarters and research institute on May 13. (Photo: K-water)Korea Water Resour…
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President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) and other KOTRA participants gesture while posing at an extended strategy meeting of trade and investment in the African region in Cape Town, South Africa, on May 30. (Photo…
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Gyeonggi-do Gov. Kim Dong-yeon, Kakao President Jeong Shin-ah, Namyangju Mayor Joo Kwang-deok and President Lee Han-joon of Korea Land and Housing Corp. (LH) pose for a photo after they signed a contract on the investment of the “AI-based digital hu…
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Jeollanam-do Gov. Kim Young-rok poses with other participants of a meeting with private and public sector representatives of the region at Yeosu City Hall on June 2 in which they discussed strategies to bring COP33 to Yeosu. (Photo: Jeollanam-do)Jeol…
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