Hyundai Engineering & Construction Signs Leading Agreement on Civil Engineering Smart Construction with Korea Expressway Corporation
Josungmin, Head of Smart Construction Division at Korea Expressway Corporation (left in the photo), and Kibeom Kim, Head of Civil Engineering Division at Hyundai Engineering & Construction, are signing an agreement and taking a commemorative photo at the Korea Expressway Corporation R&D Headquarters in Hwaseong-si, Gyeonggi-do on the 9th.
View original image[Asia Economy Reporter Kangwook Cho] Hyundai Engineering & Construction announced on the 10th that it has signed a Memorandum of Understanding (MOU) with the Korea Expressway Corporation Smart Construction Task Force for the "Practical Application and Advancement of Smart Construction Technology."
According to this agreement, Hyundai Engineering & Construction will actively cooperate in the development and practical application of smart construction technologies by the Smart Construction Task Force, including providing demonstration sites. Meanwhile, the Korea Expressway Corporation Smart Construction Task Force will actively support coordination with related organizations for the field application and practical use of smart construction technologies.
As a leader in smart construction, Hyundai Engineering & Construction secures specialized personnel for each technology and assigns them to various business divisions and research institutes to discover new technologies. By selecting multiple innovative smart construction sites to integrate and demonstrate new technologies and rapidly disseminate them across all sites, it is accelerating innovation in the construction industry.
The Korea Expressway Corporation Smart Construction Task Force serves as the overall organization for R&D projects on smart construction technology through road demonstrations. By applying developed smart construction technologies on-site, it promotes the digital transformation of the construction industry and helps the domestic construction sector enter the global market based on accumulated digital capabilities.
A Hyundai Engineering & Construction official stated, "Hyundai Engineering & Construction continues to strengthen R&D investment and win-win cooperation systems to introduce smart construction technologies early," adding, "Through this MOU with the Korea Expressway Corporation Smart Construction Task Force, we will take the lead in developing and practically applying smart construction technologies."
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Wallets Open Wide on Big News...300 Trillion Won Heads to the U.S., "Tax Breaks" Fail to Keep Funds at Home
- "Hope You Enjoy the 'Welfare' for Bereavement of Children"... Ridicule of Strike Non-Participants Intensifies Union Conflict at Samsung Electronics
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
A Korea Expressway Corporation official said, "Through this MOU, from the start of research, we plan to accelerate the practical application of smart construction technologies by linking technology development and demonstration with Hyundai Engineering & Construction’s demonstration sites," and added, "It will serve as an opportunity to promote the digital transformation of the construction industry."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.