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Vice Chairman Chung Jin-haeng of Hyundai E&C, 3rd L, joins of the Iraqi special envoy and Korean officials in holding their right arm up after getting a LOI on the Common Seawater supply Project worth $2.45 billion on May 22 in Iraq.Vice Chairman Chung Jin-haeng of Hyundai E&C.Hyundai Engine…
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A bird-eye view of a project to build road tunnels crossing River Thames in London, won by SK E&C. A map of the route of the Silver Town Tunnel Project. (Photos: SK E&C)SK E&C has won an order to build a road tunnels under the River Thames in London, outbidding global contractors. It was…
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President Lee Kang-rae of Korea Expressway Corp. (KEC)Korea Expressway Corp. (KEC) is soon to launch a project to build an expressway connecting Hamyang, Gyeongsangnam-do, and Hapcheon, Gyeongsangnam-do. The Hamyang-Hapcheon Expressway section is part of an ongoing project to construct an expressway…
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A map showing the key positions along the Doha Link Project from the Entertainment City Interchange to Shuwaikh Port in Kuwait.GS Engineering and Construction Co. (GS E&C) clinched the Doha Link Project in Kuwait in 2014, involving the construction of a bridge over sea and land, the first infras…
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Prime Minister Lee Nak-yeon delivers a commemorative speech at a ceremony to mark the 72nd anniversary of Construction Day at the Construction Hall in Nonhyeon-dong, Seoul, on June 20.Chairman Yoo Joo-hyun of the Federation of Construction Associations (FCA) speaks at the 2019 Construction Day anniv…
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A view of the Lotte Castle Classia apartments to be built in Kileum New Town in Seoul to be put on presale.The complex has 2,029 apartments built in 19 buildings 37 stories high with 6 basement floors with sizes ranging from 57 sq. meters to 112 sq. meters. (Photo: Lotte E&C)Lotte E&C will l…
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An aerial view of Sheikh Jaber Causeway built by Hyundai E&C to link Kuwait City and Subiyah New Town in Kuwait which was officially opened at a ceremony on May 1 led by Crown Prince HH Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, Prime Minister Lee Nak-yon and President Park Dong-wook of Hyundai Co…
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A bird’seye view of the Kumho Eoullim Apt Complex in Namchon, Busan, to be built by Kumho E&C.(Photo: Kumho E&C)The Eoullim, Kumho E&C’s apartment brand, is getting “smarter.” The company is working hard on the development of an apartment with IT installed by adding a “Wall pad” an…
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A bird’s eyeview of the GS E&C’s Bangbae Grand Xi Apt. Complex. A bird’s eyeview of the Seocho Grand Xi Apt. Complex. (Photos: GS E&C)GS E&C is slated to begin the presale of its newly built apartments around the country, starting with the Bangbae Gand Xi Complex located in Seocho War…
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Chairman Yoo Joo-hyun of the Construction Association of Korea (CAK)Chairman Yoo Joo-hyun of the Construction Association of Korea (CAK) wants a new, normalized regime, for calculating construction costs of projects being ordered by the central government and local governments. In a meeting with rep…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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