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.

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…

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…

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…

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…

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…

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…

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”…

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…

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…

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.  

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…

The Republic of Korea and Thailand have agreed to work together on a Thai spaceport. The Yonhap news agency reports that Korea’s Ministry of Science has signed a deal with…

The Korea Electric Power Corporation (Kepco) said yesterday that it had contacted the government of Turkey to propose the construction of four reactors with a total power output of 5.6GW,…

South Korean president Yoon Suk-yeol’s state visit to the UAE has resulted in 24 memorandums of understanding covering projects worth an estimated $6.1bn, Korea.net reports. The agreements were signed on…

New York architect Kohn Pedersen Fox (KPF) has unveiled its design for Parkside Seoul, a 50ha mixed-use neighbourhood located on a former US military headquarters in the centre of the…

A consortium led by the Korea Overseas Infrastructure & Urban Development Corporation appears set to win a contract to build and operate a light railway in the Paraguayan capital Asunción,…

South Korea’s largest chemical company, LG Chem, plans to build a $3.2bn factory in the US state of Tennessee to make cathodes for electric vehicle (EV) batteries. It signed a…