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Hanwha Engineering & Construction (E&C) has signed a huge deal valued at $7.75 billion to build a new town in Iraq near the capital, Bagdad. Hanwha E&C said on May 24 that its Vice Chairman Kim Hyun-chung signed the deal with Iraqi National Investment Commission Chairman Sami …
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Hyundai Development Co. has been operating a variety of systems and events for expanded inter-office communication to create a fresh corporate culture, the company said recently.The reason to create a fresh corporate culture has been the need to overcome various problems faced by the company includi…
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Hyundai Development Co. has been operating a variety of systems and events for expanded inter-office communication to create a fresh corporate culture, the company said recently.The reason to create a fresh corporate culture has been the need to overcome various problems faced by the company includi…
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Daelim Industrial Co. has been expanding its overseas projects rapidly since its total project orders exceeded 1 trillion won in 2006. Its Plant Business Department has been working overtime to achieve its vision, dubbed “Value Creating, Global Plant Builder,” by strengthening its capacity for glo…
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Daewoo Engineering & Construction (President Seo Jong-uk) won a project in Algeria worth $350 million involving the recovery of an 18-km long stream cutting across the Algerian capital of Algiers to improve the quality of water in the stream and create cultural and rest facilities along the stre…
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As of May 30, Korean construction firms won a total of $500 billion worth of overseas projects since they landed their first project in Thailand 47 years ago. Hanwha Construction’ s huge $7.8 billion project order to build 100,000 houses in Iraq put the total overseas construction projects won…
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Korea Expressway Corp. on Jan. 31 invited some 100 top executives of construction firms including CEOs of 40 firms to a breakfast meeting to brief them on major highway projects to be undertaken this year and to seek their cooperation, the company said recently.At the meeting, Korea Expressway Corp.…
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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…
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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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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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LG U+ President Hong Bum-sik reveals an ambitious plan to lead the AI sector at his first meeting with reporters after he took office at INNSiDE by Meliá in Barcelona on the sidelines of Mobile World Congress 2025 on March 4. (Photos: LG U+)LG U…
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President Hong Bum-sik of LG U+ talks with officials of the Daejeon R&D Center as he toured the center to look into the education on the operation of networks and technology verification field center as his first field inspection tour of 2025 on …
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President Hwang Hyun-sik of LG Uplus. (Photos: LG Uplus)LG Uplus announced on Oct. 3 that it is implementing a smartphone drone delivery service for the first time as a carrier. The service is aimed at customers living in island areas where fast…
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