News Korean-Canadian JV joins rush to open EV plant in Hungary A joint venture between South Korea’s LG Electronics and Canada’s Magna International has become the latest EV venture to announce building plans in Hungary.
News Korean firms in line for $1bn water deal in Bangladesh The Korean government has secured the right to negotiate a $1bn water supply project for an industrial park in Bangladesh, website Business Korea reports. The announcement was made by Korea’s…
News Uganda says Russia and South Korea will build its nuclear power plants Ugandan president Yoweri Museveni said this week that Russia and South Korea would build two nuclear power stations in his country, the Anadolu news agency reports. He told the G-25…
News Korea, Poland pledge cooperation on $52bn of Ukraine reconstruction The governments of South Korea and Poland have agreed to cooperate on some $52bn of Ukrainian reconstruction projects, the Pulse business news service reports. Yoon Suk Yeol, the president of…
News Turkey in talks with China, Russia, and Korea over more nuclear plants Turkey has entered into talks with China, Russia, and South Korea on possible deals to build the country’s second and third nuclear power plants (NPPs), and with the US and…
News Korean JV to design high-speed rail leg in Poland’s CPK mega scheme A South Korean consortium has won a $33m contract to design a 70km-long section of high-speed railway in Poland linking the southern city of Katowice to Ostrava on the Czech…
News Korean company starts $290m Hungarian battery plant South Korean battery materials firm EcoPro has begun work on a $290m in a Hungarian plant making cathodes for electric vehicle (EV) batteries. A groundbreaking ceremony was held on Friday…
News David Chipperfield designs Seoul headquarters for financial services company Mirae David Chipperfield Architects has unveiled its design for a 217,500 sq m headquarters for Seoul-based investment house Mirae Asset. According to the London firm, the floors are divided between “hardware”…
News Korean firm wins El Salvador’s biggest-ever infrastructure project El Salvador has confirmed on Twitter that it has awarded a $410m highway contract to South Korean company Dongbu. Los Chorros highway is a 15km extension to the Pan American…
News Pompidou Centre plans museums in Saudi Arabia and South Korea Paris’ Pompidou Centre for modern and contemporary art has announced plans to open branches in Saudi Arabia and South Korea. In Saudi Arabia, the centre has signed an agreement to…
News South Korea’s SGC to help Vietnam convert coal plants to biomass SGC Energy, a South Korean renewables company, is to work with Vietnamese power engineering consultant PECC1 to convert coal power plants into biomass-burning facilities, Bioenergy Insight reports.
News Samsung reveals plan to invest $230bn in Seoul chip factories over next 20 years Samsung Electronics has revealed plans to invest $230bn over the 20 years to develop the world’s largest silicon chip fabrication industry. The company, which is the world’s largest maker of…
