POSCO Engineering & Construction Wins Contract for Samyang Foods New Factory Construction in Miryang

[Asia Economy Reporter Yoo In-ho] POSCO Engineering & Construction has secured a contract worth 75 billion KRW for the construction of Samyang Foods' new factory in Miryang.

POSCO E&C signed a construction contract for Samyang Foods' new factory located in the Nano Convergence National Industrial Complex in Miryang, Gyeongsangnam-do, and held a groundbreaking ceremony on the 19th.

This project involves building a food factory that will produce 600 million units annually of Samyang Foods' hit product, Buldak Bokkeum Myun (Hot Chicken Flavor Ramen). The factory is scheduled to be completed by early 2022.

POSCO E&C's successful bid is attributed to the high evaluation of its ‘Smart Construction’ approach, which integrates Information and Communication Technology (ICT) throughout the entire construction process.

In its bid proposal, POSCO E&C emphasized the active application of ‘Big Room’ and ‘BIM’ technologies among the Smart Construction techniques, which received high praise from the client.

‘Big Room’ is a space where the client, contractor, and partners gather in one place for process management, unlike traditional site offices, enabling optimal schedule management and rapid decision-making. ‘BIM (Building Information Modeling)’ is a digital modeling technology that allows pre-simulation according to design drawings, minimizing design and construction errors.

Previously, POSCO E&C applied Smart Construction on a trial basis in the construction of POSCO Chemical’s anode material Phase 2-1 project in Sejong City, completing the project several months ahead of schedule.

Meanwhile, POSCO E&C has extensive experience in industrial plants both domestically and internationally, including the CJ Logistics factory in Shanghai, China, Mars food factory in Thailand, and ASM Korea semiconductor factory in Dongtan. This year, the company has achieved 600 billion KRW in orders in the industrial plant sector.

This content was produced with the assistance of AI translation services.