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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…
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…
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…
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…
 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 expensesnationwide and creating 60,000 jobs.The highway constru…
The Mokpo-Gwangyang Highway in South Jeolla Province is expected to open in April after 10 years of construction of the 106.8 km long highway.Kwon Hyuk, head of the Mokpo-Gwangyang Construction Site of the Korea Expressway Corp., said the Mokpo-Gwangyang Expressway(106.8 km) now under construction w…
Business/Company
POSCO Chairman Kwon Oh-joon welcomes shareholders prior to an shareholder's meeting at the POSCO Center in Seoul on March 10 in which he was officially reelected for his second term.(Photo: POSCO) POSCO Chairman Kwon Oh-joon, after being reelected f…
KT Chairman Hwang Chang-gyu delivers a key-note speech at the Mobile World Congress (MWC) 2017 in Barcelona, Spain, on Feb. 27. (Photo: KT) KT Chairman Hwang Chang-gyu said KT will commercialize G5 network technology for the first time in the world …
SK Telecom President Park Jung-ho reveals his company’s plan to lead the building of a connected car network in connection with the advent of a self-driving car ear during his meeting with reporters on the sideline of the Mobile World Congress 2017 …
LG U+ Vice Chairman Kwon Young-soo. LG U+ unveiled the Self Backhole Node, a core component of fifth-generation (5G) networks, that the company jointly developed in cooperation of Finnish tech giant Nokia. The announcement was made at the Mobile Wor…


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