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The government wants to help the 2018 Pyeongchang Winter Olympics to be a great success by connecting the Olympic venue with a KTX Line to cut travel time. The construction on the high-speed rail with 12 sections got its start in June and is scheduled to be completed in 2017, which will improve…
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A consortium led by Korea Expressway Corp. (KEC) has succeeded in winning a project management consulting contract in the area of civil engineering projects overseas worth 13.5 billion won on Aug. 1, the highway company said recently.The highway company said the consortium, which includes Seoul City…
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Hanwha L&C President Kim Chang-bum is one of the advocates of shared growth, which is emerging as an issue between large-sized conglomerates and their SME business partners over how to achieve simultaneous growth. President Kim said, “True to our group’s spiritual cause of ‘Together, Fur…
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Korea Expressway Corp. (KEC President Chang Seok-hyo) devotes itself to promoting environment-oriented expressway construction and technology development as part of its efforts to improve energy efficiency and reduce greenhouse gas emissions.The KEC has developed a GHG emissions calculation program …
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The Ministry of Land, Transport and Maritime Affairs hosted the 21st Road Day ceremony on July 6 at Seoul Cultural Hall with some 1,000 related government officials led by Minister Kwon Do-youn and construction industry leaders including President Chang Seok-hyo of Korea Expressway Corp. in attendan…
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POSCO E&C(vice-chairman & CEO Chung Dong-Hwa) held its groundbreaking ceremony for the Brazil CSP Steel Plant Complex on July 17 at the Pecem Industrial Complex in Ceara in northeastern Brazil. The Brazil CSP Steel Plant Complex worth $4.34 billion, for which POSCO E&C won the const…
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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…
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GS E&C declared its mid- to long-term Vision 2020 to aim for being a sustainable global company by seeking out future growth engines overseas to upgrade itself as a total global company in order to expand the portion of its revenues from overseas to 70 percent of its total annual revenue by 2020…
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The Federation of Construction Associations held a ceremony for the 2012 Construction Day and the celebration of Korean construction firms undertaking over $500 billion worth of construction projects overseas at Construction Hall in southern Seoul on July 2 with hundreds of construction industry lea…
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The longest tunnel in Korea, the eco-friendly Baehuryong Tunnel linking Shinbuk Village, Chuncheon, and Hwachon County in Kandong-myon, Gangwon Province, opened to traffic on May 30, completing an eight-year project that Dongbu Construction kicked off in 2004.The area is known for such rough curves …
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President Song Myung-joon of HD Hyundai Oilbank. (Photos: HD Hyundai Oilbank)HD Hyundai Oilbank said the company will supply “Xteer E-Cooling Fluid,” a liquid immersion cooling product, to Naver Cloud, accelerating a new business segment.HD Hyundai…
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Koo Bon-kyu, CEO of LS Cable & System, Virginia Gov. Glenn Youngkin and Chesapeake Mayor Rick West attend a ground-breaking ceremony for the construction of a large-scale factory by LS GreenLink, a subsidiary of LS Cable & System, in Chesapea…
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Chmn. Koo Ja-kyun of LS ELECTRIC speaks at a ceremony to dedicate “LS ELECTRIC Bastrop Campus” in Texas on April 14. (Photos: LS ELECTRIC)LS ELECTRIC has officially launched its initiative to target the North American power market by establishing a…
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John Phelan, Secretary of the US Navy, looks around a shipyard for specialized ships as he was escorted by Chung Ki-sun, Executive Vice Chairman of HD Hyundai, to observe operations and capabilities of the global industry leader in shipbuilding. (Pho…
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