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A view of an iron ores and mineral carrier weighing 400,000 tons, the largest such ship in the world built and launched by Daewoo Shipbuilding and Offshore Co.President Nam Sang-tae of Daewoo Shipbuilding and Offshore Co. said recently that the shipyard signed a contract worth $1.1 billion to build …
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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…
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A scene of the signing ceremony on Nov. 5, 2011 for the Petron Refinery Master Plan Phase 2 project in the Philippines as Daelim Industrial wins the project with Vice Chairman Lee Hae-wook and Vice Chairman Charles Y. Kim in attendance.Daelim Industrial Co. saw its operating profit in 2011 ris…
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Chairman Park Sam-koo of Kumho-Asiana Group.President Ki Ock of Kumho Eng-ineering and Construction Co. said strengthening the competitive power of the company will be the most important objective in his mana-gement strategy for this year.The CEO has chosen securing project orders, increased sales, …
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Officials of Samsung Engineering and Gas Corp. of Saudi Arabia pose for a photo session during a signing ceremony for the NGI plant construction project in Abu Dhabi on Feb. 2. President Kim Jae-yol in charge of planning and global strategy, 2nd L, and CEO Park Ki-seok are among the officials.…
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Chmn. Choi Kyu-sam of the Federation of Construction Associations.The Federation of Construction Associations held a New Year's ceremony at Lotte Hotel in Seoul on Jan. 6 with over 1,000 people attending including legislators led by Reps. Lee Sang-jong, chairman of the National Construction Policy C…
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President Lee Ji-song of Korea Land and Housing Corp.President Lee Ji-song of Korea Land and Housing Corp.(LH) said LH will invest 14 trillion for housing construction this year, 2 trillion won more than it did last year to reinvigorate the housing construction this year.CEO Lee said LH will e…
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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…
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Samil Chmn. Roh Hee-chan. (Photos: Samil)Samil, a Korean yarn spinning leader established in 1979, has been ramping up its competitiveness in the global market through continuous technology innovation and product portfolio diversification. Samil…
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Hanwha Aerospace, Hanwha Systems and Hanwha Ocean participate in World Defense Show (WDS) 2026, held in Riyadh from Feb. 8 to 12, to showcase AI-based future integrated weapon systems.In his New Year’s message on Jan. 2, Chmn. Kim Seung-youn of Hanw…
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Chungjungone of Daesang Corp. has released 2026 Lunar New Year Gift Sets, encompassing health, cost effectiveness and eco-friendly values for the occasion of the Lunar New Year holiday. (Photos: Daesang)Chungjungone of Daesang Corp. said on Jan. 6 th…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&…
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