KT ENG Core → KT Engineering Company Name Change.. Appointment of CEO Park Jong-yeol
[Asia Economy Reporter Koo Chae-eun] ENG Core, a KT Group affiliate, has changed its name to KT Engineering and appointed former KT SCM Strategy Office head Park Jong-yeol as its new CEO.
On the 12th, KT Engineering announced the name change along with the inauguration of Park Jong-yeol as the new CEO (President). KT Engineering, established in 1986, is KT's engineering specialist group company with expertise in network, energy, and construction sectors.
Park Jong-yeol, CEO of KT Engineering, said, "With this name change, we plan to enhance our image as an engineering specialist company and leverage extensive experience in the SCM field to innovate our business structure and management infrastructure." He added, "We will strengthen cooperation with the KT Group to contribute to KT's transformation into a digital platform company."
The new name, 'KT Engineering,' signifies the company's ambition to become the definitive engineering specialist within the KT Group through capability specialization. It also reflects the aspiration to contribute to KT's evolution into a digital platform specialist company (Digico) by providing telecommunications, IT infrastructure, and integrated control systems to KT.
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In November, KT Engineering demonstrated its technical prowess by constructing the Yongsan Internet Data Center (IDC), the largest data center in the metropolitan area. Additionally, the company has undertaken various projects including telecommunications network construction and management, and renewable energy businesses. It has expanded into Asia and Africa, engaging in global telecommunications network construction projects. Recently, KT Engineering has been focusing its capabilities on new growth businesses, including eco-friendly energy projects. Through government-supported initiatives such as the Ministry of Trade, Industry and Energy's 'Regional New Energy Business Activation Support Project' and the Ministry of Environment's 'Smart Green City Project,' the company is discovering diverse energy businesses tailored to regional ecosystems.
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