Construction
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Energy
Doosan Enerbility to supply SMR parts to NuScale Power
Doosan Enerbility Co., a leading South Korean power plant engineering company, is slated to supply nuclear reactor equipment to Nuscale Power Corp., ...
May 26, 2024 (Gmt+09:00)
4 Min read -
Machinery
Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US
South Korea’s two leading construction machinery makers HD Hyundai Infracore Co. and Doosan Bobcat Inc. on Thursday agreed to the cross-selling...
May 23, 2024 (Gmt+09:00)
2 Min read -
Construction
Korea Eximbank provides $1 bn in PF for Saudi Amiral project
The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical fa...
May 23, 2024 (Gmt+09:00)
1 Min read -
Machinery
Korean construction machine makers set sights on India, Brazil, Mexico
South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia, ...
May 21, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Hyundai Motor unveils detailed $3.4 billion GBC new headquarters plan
South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or ...
May 20, 2024 (Gmt+09:00)
3 Min read -
Earnings
Overseas projects boost Korean builders’ earnings; GS profit cut in half
Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, couple...
Apr 30, 2024 (Gmt+09:00)
1 Min read -
Construction
HD Hyundai Infracore to participate in INTERMAT 2024
South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc d...
Apr 22, 2024 (Gmt+09:00)
1 Min read -
Construction
Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant
Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to ...
Apr 09, 2024 (Gmt+09:00)
1 Min read -
Construction
Ssangyong E&C wins deals for two Dubai luxury residences
Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Emi...
Mar 25, 2024 (Gmt+09:00)
1 Min read -
Construction
HD Hyundai to supply 60 excavators to Sudan
South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment uni...
Mar 20, 2024 (Gmt+09:00)
1 Min read -
Construction
Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement
Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (AB...
Mar 14, 2024 (Gmt+09:00)
1 Min read -
Construction
Hyundai L&C targets US, India with premium finishing material
Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propor...
Mar 13, 2024 (Gmt+09:00)
1 Min read -
Construction
Hanwha resumes $10 billion Bismayah new city project in Iraq
South Korea’s Hanwha Corp. is resuming a $10 billion project to build a Bismayah new city in Iraq after a 16-month hiatus as stakeholders see i...
Feb 27, 2024 (Gmt+09:00)
2 Min read -
Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the glo...
Feb 21, 2024 (Gmt+09:00)
1 Min read -
Construction
Hyundai Engineering wins Asia Design Prize 2024
South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia.Hy...
Feb 21, 2024 (Gmt+09:00)
1 Min read -
Construction
Shinsegae E&C to sell leisure unit to reduce debt
South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) announced on Wednesday that it will sell its leisure unit Josun...
Feb 15, 2024 (Gmt+09:00)
1 Min read -
Construction
Korea gives the nod for foreign workers at plant construction sites
South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those pl...
Feb 14, 2024 (Gmt+09:00)
3 Min read -
Construction
Samsung C&T, Hyundai E&C see higher profits in 2023 on overseas projects
Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proje...
Feb 02, 2024 (Gmt+09:00)
2 Min read -
Construction
GS E&C banned from new construction deals for 8 months
The South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt th...
Feb 01, 2024 (Gmt+09:00)
1 Min read -
Construction
Daewoo E&C teams up with Chinese company on wind power generation
Daewoo Engineering & Construction Co. announced on Thursday that it has signed a business agreement with China Communications Construction Compan...
Feb 01, 2024 (Gmt+09:00)
1 Min read -
Construction
Bando E&C commences second housing project in US
South Korea's Bando Engineering & Construction Co. announced on Tuesday that it has embarked on its second housing development project, "The Bora...
Jan 30, 2024 (Gmt+09:00)
1 Min read -
Construction
Central, South America: Korean builders’ El Dorado
South Korean construction companies are penetrating deeper into Central and South America, where high demand for infrastructure facilities is now see...
Jan 29, 2024 (Gmt+09:00)
4 Min read -
Construction
POSCO E&C develops solution for detecting wall cracks by drones
South Korea's POSCO E&C has developed a solution for apartment exterior wall maintenance using drones.The company announced on Tuesday that it ha...
Jan 23, 2024 (Gmt+09:00)
1 Min read -
Construction
Shinsegae E&C issues $150 mn bond to calm liquidity concerns
South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) said on Friday it has raised 200 billion won ($150 million) thro...
Jan 19, 2024 (Gmt+09:00)
1 Min read -
Steel
Korean steelmakers mull anti-dumping suit vs Chinese, Japanese firms
Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-d...
Jan 17, 2024 (Gmt+09:00)
3 Min read -
Construction
Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti
South Korea’s Ssangyong Engineering & Construction Co. (Ssangyong E&C) said on Tuesday it has won a $57 million deal to build a 12-mega...
Jan 09, 2024 (Gmt+09:00)
1 Min read -
Construction
HD Hyundai Construction, Infracore to use integrated machinery platform
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two constr...
Dec 26, 2023 (Gmt+09:00)
2 Min read -
Construction
SGC eTEC E&C wins $160 mn plant order in Malaysia
South Korea's SGC eTEC E&C Co. said on Tuesday it has won a 204.7 billion won ($158 million) order to build epichlorohydrin (ECH) and chlor-alkal...
Dec 26, 2023 (Gmt+09:00)
1 Min read -
Construction
DL E&C’s 1915 Çanakkale Bridge named Project of the Year
South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received the ...
Dec 20, 2023 (Gmt+09:00)
1 Min read
Latest News
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