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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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Korea Eximbank President Hwang Ki-yeon poses for a photo after signing a nuclear power development cooperation MOU among Korea Eximbank, Meralco and KHNP at the Korea-Philippines Business Forum in the Philippines on Mar. 4. (From left) Ferdinand Ferr…
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New Chairman Kang Seung-jun of Korea Credit Guarantee Fund (KODIT). (Photos: KODIT)Kang Seung-jun, vice president for external and international affairs at Seoul National University of Science and Technology has taken office as the 25th chairman of t…
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IBK President Jang Min-young delivers a speech at his inauguration ceremony at the IBK headquarters in Jung-gu of Seoul on Feb. 20. (Photo: IBK)IBK announced that it held an inauguration ceremony for its 28th President Jang Min-young at its headquart…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group held the 1st Quarter Group Information Security Council meeting on Mar. 12 to create a safe financial environment. Participants included executives in c…
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