Daewoo Engineering & Construction (E&C) signed a $492.3 million deal with Nigeria’s Warri Refining and Petrochemical Company (WRPC) to repair its oil refining plant.
Korean shipyard HJ Shipbuilding & Construction said Thursday it has clinched a $240 million order to build two eco-friendly container carriers for a European shipper.
Hanwha Engineering & Construction (E&C) will finish construction and help open part of the Inspire Entertainment Resort on Yeongjong Island, Incheon, in 2023.
Global Sae-A, a Korean company that owns various apparel and textile manufacturers, is bidding to acquire SsangYong Engineering & Construction (E&C).
Lotte Engineering and Construction announced it will partner with Vietnam for the Thu Thiem Eco City project, building a large leisure and residential complex in the city.
According to the industry, construction companies and concrete suppliers have reached an agreement to raise prices 13 percent starting May 1.
A bird's-eye view of a construction site in Gwangju. Prices of building materials have been surging, and the construction contractor for the site, along with some 100 others, said they will temporarily suspend construction until they get paid more.
A court on Thursday granted an injunction filed by HDC Hyundai Development to stop a business suspension order it got from the Seoul city government over a building demolition disaster that claimed nine lives last year.
Starting this August, newly-built apartments will have to comply with stricter soundproofing regulations.
The Land Ministry requested either the termination of Hyundai Development Company's business license or suspend it for a year following the collapse of an apartment building under construction in Gwangju that killed six workers .