Yonhap Infomax NewsDec 22
Major South Korean builders are set for fierce competition in 2026 as Seoul prepares to select contractors for large-scale apartment redevelopment projects, including Yeouido and Apgujeong, with contracts worth up to 2 trillion won ($1.69 billion) each.
#YonhapInfomax #Redevelopment #SamsungCT #HyundaiEC #SeoulHousingMarket #ConstructionContracts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96722
[2026 Housing Market Outlook-Ⅱ] Major Redevelopment Projects Set to Drive Fierce Competition Among Builders

Major South Korean builders are set for fierce competition in 2026 as Seoul prepares to select contractors for large-scale apartment redevelopment projects, including Yeouido and Apgujeong, with contracts worth up to 2 trillion won ($1.69 billion) each.

Yonhap Infomax
Yonhap Infomax NewsNov 17
South Korea’s Fair Trade Commission fined Woomi Group 48.37 billion won ($35.7 million) for unfairly awarding contracts to affiliates owned by the founder’s family, highlighting ongoing scrutiny of chaebol practices.
#YonhapInfomax #WoomiGroup #FairTradeCommission #UnfairSupport #Chaebol #ConstructionContracts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91142
Yonhap Infomax NewsSep 28
South Korea's construction contract value rebounded 4.8% year-on-year in Q2 2025 to 63.5 trillion won ($48.2 billion), driven by gains in both public and private sectors, with building construction offsetting a decline in civil engineering.
#YonhapInfomax #ConstructionContracts #MinistryOfLandInfrastructureAndTransport #PublicSector #PrivateSector #Q2Growth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83796
Construction Contract Value Rises 4.8% in Q2 Year-on-Year—Driven by Both Public and Private Sectors

South Korea's construction contract value rebounded 4.8% year-on-year in Q2 2025 to 63.5 trillion won ($48.2 billion), driven by gains in both public and private sectors, with building construction offsetting a decline in civil engineering.

Yonhap Infomax
Yonhap Infomax NewsSep 17
Despite being sanctioned for rebar omission, 27 companies won 186 new LH projects, raising concerns over the effectiveness of South Korea's construction oversight and sanctions.
#YonhapInfomax #KoreaLandHousingCorp #RebarOmission #Sanctions #ConstructionContracts #JeongJunHo #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82086
27 Sanctioned Firms Re-Awarded 186 LH Projects Despite Rebar Omission Violations

Despite being sanctioned for rebar omission, 27 companies won 186 new LH projects, raising concerns over the effectiveness of South Korea's construction oversight and sanctions.

Yonhap Infomax
Yonhap Infomax NewsAug 22
South Korea's construction contract value rebounded 3.4% in 2024, led by strong growth in the Seoul metropolitan area and public sector, after a sharp decline the previous year.
#YonhapInfomax
#ConstructionContracts #StatisticsKorea #SeoulMetropolitanArea #PublicSector #YearlyGrowth
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78193
Construction Contracts Rebound 3.4% in 2024 on Strong Seoul Metropolitan Area and Public Sector Demand

South Korea's construction contract value rebounded 3.4% in 2024, led by strong growth in the Seoul metropolitan area and public sector, after a sharp decline the previous year.

Yonhap Infomax
Red LearningApr 18, 2025

Congratulations to our learners on successfully completing the FIDIC Conditions of Contract training with Red Learning. Wishing you continued success in your professional journey. 👏

#RedLearning #FIDIC #ProfessionalDevelopment #ConstructionContracts #TrainingSuccess #explore #feature

Yonhap Infomax NewsMar 30, 2025
Q4 2024 construction contracts rise 4.4% YoY to 75.2 trillion won, with public sector growth offsetting private sector decline amid varied performance across company sizes and regions.
#YonhapInfomax #ConstructionContracts #Q4Performance #PublicSectorGrowth #PrivateSectorDecline #InfrastructureInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56196
Q4 2024 Construction Contract Value Up 4.4% YoY, Driven by Public Sector

Q4 2024 construction contracts rise 4.4% YoY to 75.2 trillion won, with public sector growth offsetting private sector decline amid varied performance across company sizes and regions.

Yonhap Infomax
Houston Public MediaFeb 5, 2025

A former Houston Public Works employee accused of funneling hundreds of thousands of dollars to a family member's business will serve 10 years in prison after accepting a plea deal on Tuesday.

https://www.houstonpublicmedia.org/articles/court/2025/02/05/513017/former-houston-public-works-employee-to-serve-10-years-in-prison-following-water-line-repair-scheme/

#Court #News #CityOfHouston #ConstructionContracts #HoustonPublicWorks #WaterLineRepairScheme

Former Houston Public Works employee to serve 10 years in prison following water line repair scheme

Patrece Lee, a former maintenance manager with Houston Public Works, last year was charged with abuse of official capacity and four counts of bribery. She allegedly used her position to funnel more than $400,000 in city dollars to her brother's business, LCI Construction.

Houston Public Media