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Biz & Tech

Construction

Fri, February 26, 2021 | 16:53

Daewoo aims to become leading global construction company

Daewoo aims to become leading global construction company

Daewoo Engineering & Construction is establishing a name for itself in the global construction market showing rapid growth in recent years. Recently, the company has procured large scale construction projects including an LNG liquefaction plant project in Nigeria.

Kim Hyun-bin | 2020-05-29 16:20

Hyundai E&C offers 1,100 “Hillstate” apartments in Songdo

Hyundai E&C offers 1,100 “Hillstate” apartments in Songdo

Hyundai Engineering and Construction (E&C) is offering 1,100 “high-quality” apartments, branded “Hillstate,” in Songdo, an international business city west of Seoul. They will be on sale from June 1, with relatively looser restrictions for application, purchase and resale compared with those for Seoul and other metropolitan areas.

Park Si-soo | 2020-05-29 14:07

Dongwha starts construction of MDF manufacturing plant in Hanoi

Dongwha starts construction of MDF manufacturing plant in Hanoi

Korea's top wood materials manufacturer Dongwha Enterprise began construction of its very first independent production facility in Vietnam. The plant, which is located in Thai Nguyen Province near the capital city of Hanoi, will mainly produce laminate flooring and medium-density fiberboard (MDF) that is used to make furniture. Dongwha Enterprise held a ground-breaking ceremo...

Kim Jae-heun | 2020-04-23 17:58

GS E&C inks deal to build ITTC in Singapore by 2024

GS E&C inks deal to build ITTC in Singapore by 2024

GS Engineering & Construction has landed a deal with the Singapore government to build an Integrated Train Testing Centre (ITTC) a deal worth 550 billion won ($449 million).

Kim Hyun-bin | 2020-04-21 15:29

Doosan Group to sell entire 61% stake in Doosan Solus

Doosan Group to sell entire 61% stake in Doosan Solus

Doosan Group is at the final stage of negotiations to sell off its key cash cow affiliate Doosan Solus, as part of self-rescue efforts to save its flagship unit Doosan Heavy Industries & Construction, according to industry sources and media reports Sunday.

Kim Hyun-bin | 2020-04-12 16:22

Hyundai E&C's Hillstate Daegu goes on sale

Hyundai E&C's Hillstate Daegu goes on sale

Hyundai Engineering and Construction (E&C) will begin sales of residential and office units at Hillstate Dowon Central in Daegu, the construction company said Wednesday.

Baek Byung-yeul | 2020-04-01 16:27

Korean construction firms pick up steam in Middle East

Korean construction firms pick up steam in Middle East

Local construction firms have picked up steam in the Middle Eastern market, winning extensive contracts to mark the largest procurement in five years.

Kim Jae-heun | 2020-03-11 10:00

Liquidity strains?

Liquidity strains?

HDC Group's financial prudence is facing growing questions as its share prices and credit ratings are facing downward pressure following market doubts on its flagship construction unit's ambitious bid to acquire Asiana Airlines at 2.5 trillion won ($2.09 billion).

Nam Hyun-woo | 2020-03-10 17:17

Construction firms fear 'paralysis' due to virus spread

Construction firms fear 'paralysis' due to virus spread

Domestic construction firms are expressing fears that the rapid spread of COVID-19 may cause the industry to grind to a halt, as a growing number of construction sites face shutdowns. Offices of construction sites are also experiencing difficulties as employees work from home to prevent further infections.

Nam Hyun-woo | 2020-03-03 16:47

SK E&C, WIKA to develop eco-friendly asphalt in Indonesia

SK E&C, WIKA to develop eco-friendly asphalt in Indonesia

SK Engineering & Construction (SK E&C) will team up with Indonesia's largest state-run construction firm to develop eco-friendly asphalt.

Nam Hyun-woo | 2020-02-23 17:20

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