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Construction
Dignitaries on hand at a presentation session for a Saudi city project join hands. They are (from left) Hanwha E&C President Choi Kwang-ho,; Daewoo E&C President Park Chang-min,; Saudi Minister of Housing Majed al-Hogail,; Chairman Sulaiman Saleem Alharbi of SAPAC,; and Korean Amb. to Saudi …
President Kim Hak-song of Korea Expressway Corp. (Photos: KEC) The Korea Expressway Corp. (KEC) publishes live traffic information on its website, roadplus.co.kr, but now it can forecast road conditions in advance, similar to how a weather service used data to predict future weather patterns. …
President Seo Jae-hwan of Kumho E&C. (Photo: Kumho E&C) Kumho Engineering and Construction Co.(Kumho E&C) succeeded in living up to its reputation as one of the most ambitious builders across the world. The construction company started making a name for itself as a landmark builder when…
Chairman Park Seung-joon of Construction Guarantee(CG). Construction Guarantee (CG) announced that its net profit for 2016 amounted to 172 billion won, up 82.9 percent from the preceding year, the largest in the company’s history. CG made the announcement at the 111th regular conference on March 2…
Standing Director Huh Yoon-hong of GS Engineering and Construction Co. GS Engineering & Construction (E&C) is poised to enter the U.S. housing market, participating in a reconstruction project of old apartments in Silicon Valley, California. Managing Director Huh Yoon-hong of GS E&C, t…
President Choi Chi-hoon of Samsung C&T. President Choi Chi-hoon of Samsung C&T Construction said the company this year will focus on risk management to safeguard profitability. In a letter sent on March 12 to shareholders who are slated for March 24, Choi said the construction sector will …
Chairman Yoo Joo-hyun of the Construcion Association of Korea. President Yoo Joo-hyun of Shinhan Construction has been officially named the 27th chairman of the Construction Association of Korea.  The announcement came at a meeting of government officials in charge of construction policies le…
Source: Hyundai E&C Hyundai Engineering and Construction Co. (HDEC) had a record year in 2016 with its operating profit surpassing 1 trillion won, the best in the construction industry, despite a slowdown in the global construction market.  The company on Feb. 26 said that its consolidate…
Residents at Samsung C&T Village on Chargaon, Maharashtra State in India gesture to extend thanks for the dedication of the village, built by Samsung C&T. (Photo: Samsung C&T) Since building Samsung C&T Village in Pasirharang Town on Java Island, Indonesia in 2015, Samsung C&T C…
A drawing of the 3.7 km long Canakkale Suspension Bridge to be built over Dardanelles Strait in Turkey by 2023 at the cost of 3.5 tln won.(Photo: SK E&C) SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world's longest s…
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Policy/Politics
Deputy Chairman Jeong Eun-bo who also serves as Chairman of the Securities and Futures Commission, right, presides over a recent meeting of the Fintech Development Council.(Photo: FSC) South Korea launched the world’s first Fintech Open Platform to…
Mayor Song Gi-sub of Jincheon County, Chungcheongbuk-do. Mayor Song Gi-sub of Jincheon County, Chungcheongbuk-do, celebrated his first anniversary in office on April 14. Keen attention was the focus of Mayor Song, who served as the administrator of …
Director Ahn Joon-ho of the Tourism and Sports Bureau of the Seoul Metropolitan Government. Director Ahn Joon-ho of the Tourism and Sports Bureau of Seoul City Administration said the city will push the so called March 21 Measure, a tourism revival …
Gov. Lee Ju-yeol of the Bank of Korea.(Photo: BOK) The Bank of Korea revised up this year's growth forecast to 2.6 percent from the previous 2.5 percent estimated three months earlier, as both exports and private consumption showed signs of improvem…


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