Originally Taepyeongyang Construction, Hanwha Engineering & Construction Division was founded in 1967. In 2022, the company became Hanwha Corporation Engineering & Construction Division (Hanwha Corporation E&C Division). From the start, we quickly became a global player by leveraging extensive experience in construction projects and applying new technologies and subject matter expertise across a wide range of projects, from industrial, chemical, and power plants to civil engineering works, commercial buildings and more. With the goal of becoming a Green Infrastructure Developer, we are growing into a leader in building eco-friendly energy and environmental facilities as well as large-scale complex developments.
We have moved beyond constructing simple buildings to focus on complex development projects that combine residential, cultural, business, leisure, commercial and social infrastructures. The Suwon MICE Multi Complex for example, is a flagship urban development project with multifunctional buildings, including a convention center, an aquarium, a department store, a hotel and one of our FORENA residential complexes. In addition, we are creating distinctive urban spaces and multifunctional complexes, such as the northern area of Seoul Station, the eastern part of Daejeon Station, the Suseo Station Transit Center Complex and Seoul’s Jamsil Sports Complex.
In the short time since its launch in 2019, our residential brand FORENA has been established as a premium brand in the housing market. We are building landmark residential complexes in the nation’s major cities with the distinctive FORENA exterior design while applying differentiated designs and products in the interior. We believe the FORENA brand value is further burnishing our competencies in complex development projects.
Bismayah New City is a $10.1 billion project, the largest urban development in Iraq’s modern history, and the first overseas project of its kind developed by a South Korean company. The city will be the world's largest urban construction with infrastructure facilities that support 100,000 households, schools, government offices and roads as well as social infrastructure, such as water and sewage facilities. In 2014, we demonstrated our technological prowess by successfully building the world’s largest domed arena in the Philippines. We also have Built power and petrochemical plants in the Middle East and North Africa.
We’re nurturing the wind power business as a future growth engine. After building a 76MW wind farm in Yeongyang and a 25MW farm in Jeju Sumang, we are expanding to offshore business. We are leading development of the nation’s largest 400 MW offshore farm in Sinan.
Sharpening our competitive edge in hydrogen energy, we built the world’s largest industrial hydrogen fuel cell power plant and were the first to exclusively use hydrogen recycled from petrochemical manufacturing in the Daesan Industrial Complex. In addition, we are preparing for net zero by developing hydrogen production technology that uses biogas.
In environmental facilities, we rely on our core technologies, such as our self - developed Phosphate Removal Optimized Membrane Bio Reactor (PRO-MBR) advanced sewage treatment technology and patented technologies. By harnessing eco-friendly advanced technology, we are raising the bar for water treatment facilities from development to construction and operation, such as the modernization project of the Daejeon sewage treatment plant, the largest private investment for a sewage treatment plant in South Korea
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