Hyundai Engineering & Construction

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Hyundai Engineering & Construction Co., Ltd.
Hyundai Motor Company
Websitehttps://www.hdec.kr
Hyundai Engineering & Construction
Hangul
Hanja
Revised RomanizationHyeondae Geonseol
McCune–ReischauerHyŏndae Kŏnsŏl

Hyundai Engineering and Construction Co., Ltd. (HDEC;

construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyundai Construction and Hyundai Engineering merged in 1999.[1]

Hyundai Construction played a major role in the importation of Korean laborers to the

Koreans went to work in Saudi Arabia and another 25,000 went to Iran; Hyundai was their largest employer.[2][3]

Under creditors' management with

Hyundai Merchant Marine, which is the de facto holding company of Hyundai Group. Hyundai Group and Hyundai Motor Group (another spin-off from Hyundai Group) are both vying to purchase HDEC.[4]

In 2011, Hyundai Motor Group became the new owner of Hyundai Eng. & Const., Co., Ltd. This was determined by Korean banks' decision after defeating Hyundai (Merchant marine: the 2nd largest shipping co., in Korea after Hanjin shipping) Group.

Key landmark construction sites

  • Bangabandhu Bridge, Bangladesh
  • Kyeong-bu (Seoul-Busan) express way
  • North Han river, Soyanggang Dam, multipurpose Dam
  • Seoul Gangnam apartment introduction in Korea during 1970
  • Hyundai Ulsan shipyard
  • Hyundai Motor Ulsan complex
  • Ulsan Industrial complex
  • Posco Giant Pohang and Gwangyang (South-west of Korean peninsula) com
  • Jabel Ali Industrial harbour construction
  • Suntec City tower project, Singapore
  • Ulsan Grand Bridge
  • Geogeum Grand Bridge
  • Masan Changwon Grand Bridge
  • Sheikh Jaber Al-Ahmad Al-Sabah Causeway, Kuwait
  • Lusial Expressway, Qatar
  • Construction of  Al Bustan Street South Project -Sabah Al ahmad Corridor -Qatar

Notable people

The former president of South Korea, Lee Myung-bak, was a former CEO of Hyundai Engineering and Construction.

See also

References

  1. ^ "Hyundai E & C, Engineering merger". Brl.pe.kr. May 15, 1999. Retrieved 11 November 2017.
  2. .
  3. .
  4. ^ a b [1] [dead link]

External links

  • Official website
  • Hyundai Engineering & Construction (in English) FB Page
  • Business data for Hyundai Engineering & Construction: