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Daewoo Engineering and Construction

daewooenc.com

Founded Year

1973

Stage

Corporate Majority | Acquired

Valuation

$0000 

About Daewoo Engineering and Construction

Daewoo Engineering and Construction is a Korea-based construction and engineering firm with a portfolio of projects that span across sectors. On December 8th, 2021, Jungheung Construction acquired a majority stake in Daewoo Engineering and Construction.7B.

Headquarters Location

170 Eulji-ro Jung-gu

Seoul,

South Korea

+82 (0)2 2288 3114

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Daewoo Engineering and Construction Patents

Daewoo Engineering and Construction has filed 1 patent.

The 3 most popular patent topics include:

  • Civil engineering
  • Construction
  • Geotechnical engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/28/2019

4/26/2022

Tunnel construction, Geotechnical engineering, Civil engineering, Tunnels, Construction

Grant

Application Date

11/28/2019

Grant Date

4/26/2022

Title

Related Topics

Tunnel construction, Geotechnical engineering, Civil engineering, Tunnels, Construction

Status

Grant

Latest Daewoo Engineering and Construction News

Winner of Seoul GTX-B construction contract announced

Jan 18, 2023

Winner of Seoul GTX-B construction contract announced The contract will be awarded to the Daewoo Engineering and Construction consortium Photo Credit: Supreme Rail KOREA’s Ministry of Land, Infrastructure and Transport (Molit) announced on January 12 that it plans to award a contract to build two sections of the GTX-B line to a consortium led by Daewoo Engineering and Construction. GTX-B is the second of three express regional lines that will connect Seoul to surrounding cities with trains operating at up to 180km/h. Line B will run from Incheon in the west via Seoul to Maseok in eastern Gyeonggi Province. The consortium will build the Incheon University - Yongsan and Sangbong - Maseok sections totalling 62.8km. Once the contract is finalised, the consortium will be responsible for building the private sections of the line, and operating the entire GTX-B line for the next 40 years. The 19.9km central section from Yongsan to Sangbong will be built as a government-led project. Molit says it will begin negotiations next week with the consortium partners including The Korea Transport Institute and Korea National Railroad to discuss operation, financing, technology, and regulations in detail. Work is due to begin in 2024 and the line is due to open in 2030. Meanwhile, Korea National Railway (KR) announced on January 17 that it had entered the design phase for the central government-led section of the GTX-B line, which will be divided into four sections with consortia led by Yooshin, Seohyun Engineering and Dong Myeong Engineering Consultants & Architecture to build the first three. The fourth segment will proceed as a turnkey project, with a tender to be released next month. “We will make every effort to manage the design phase so that construction on the publicly-funded GTX-B section can begin in the first half of 2024,” says KR chairman, Mr Kim Han-young. “We will do our best to resolve chronic traffic issues in the metropolitan area and provide comprehensive transportation welfare to residents by building a regional express railway network that brings major metropolitan areas to within 30 minutes of each other.” Tunnelling for the 39.8km GTX-A route from Gangnam to Dongtan, which includes 9km of new underground alignment, was completed on December 9. For detailed data on rail projects around the world, subscribe to IRJ Pro .

Daewoo Engineering and Construction Frequently Asked Questions (FAQ)

  • When was Daewoo Engineering and Construction founded?

    Daewoo Engineering and Construction was founded in 1973.

  • Where is Daewoo Engineering and Construction's headquarters?

    Daewoo Engineering and Construction's headquarters is located at 170 Eulji-ro, Seoul.

  • What is Daewoo Engineering and Construction's latest funding round?

    Daewoo Engineering and Construction's latest funding round is Corporate Majority.

  • Who are the investors of Daewoo Engineering and Construction?

    Investors of Daewoo Engineering and Construction include Jungheung Construction.

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