The construction industry's resurgence and responsibility: strengthening its stability amidst the favorable trend of overseas orders > News

The most notable recent achievement in the construction industry is the large-scale power plant orders from the Middle East. Doosan Energy won the Oman Duqueum gas combined cycle power plant construction project, and DL E&C won the East Jeju combined cycle power plant project, proving once again its overwhelming technological prowess in the plant field. These orders go beyond mere monetary value and are an example of proving to the global market that Korean construction companies have high capabilities to carry out the entire engineering, procurement, and construction (EPC) process at once. In particular, our technological independence, which allows us to independently manufacture and supply turbines and generators, which are core equipment for power plants, is a powerful weapon that differentiates our company from global competitors. These power plants, which will be completed around 2030, will play a key role in ensuring the stability of local power supply and are expected to serve as a stepping stone for Korean companies to gain an upper hand in future energy conversion projects throughout the Middle East.

Unlike the warm weather in overseas markets, in the domestic housing market, attempts at a new housing culture and strict liability theories are being raised at the same time. Samsung C&T is raising the standard of the premium residential market by announcing the creation of a landmark complex that will increase the value of the brand through the Bangbaesin Samho reconstruction project, and GS E&C is also accelerating the formation of a new residential town in southern Gyeonggi Province through the sale of Osan Heritage Design. However, these development projects are facing the demands of the times to go beyond simply building apartments and to realize public values ​​that are considerate of the socially disadvantaged. The recent court ruling that severely held GS Engineering & Construction accountable for its defects in failing to install ramps for the disabled is seen as a social wake-up call that larger construction companies must thoroughly fulfill their legal and ethical responsibilities from the design stage to construction.

As the climate crisis becomes a reality, the safety management paradigm at construction sites is also fundamentally changing. The heat-related illness prevention campaign promoted by Gyeryong Construction is an exemplary example that shows how proactively the construction industry must act to protect the lives and safety of workers. Beyond simply assigning workers, establishing a scientific prevention system such as establishing step-by-step work stoppage guidelines based on perceived temperature and mandating the use of ice machines or air conditioning facilities has now become an essential survival strategy, not an option. Establishing such a safety culture not only guarantees workers' right to health, but also increases the company's external credibility for accident-free completion, becoming a key factor in securing long-term business competitiveness.

Efforts at the national level to expand infrastructure are also accelerating. As the private highway construction project connecting Taean and Anseong passes the private investment eligibility survey, the physical distance between the Chungcheong area and the metropolitan area is expected to further narrow. This is a large-scale infrastructure project scheduled to begin construction in 2031 as part of balanced national development to revitalize the local economy and improve logistics efficiency. Also noteworthy is SH Corporation's move to secure the continuity of its housing supply policy by appointing a person with expertise to the head of its construction business division. As the expansion of infrastructure and innovation in housing policy go hand in hand, the construction industry is solidifying its status as a key player that goes beyond simple construction companies and connects the national economy and improves the quality of life of the people.