HanmiGlobal Ranks 8th in Global CM·PM Sector... Highest Ever Position

Jonghoon Kim, Chairman of HanmiGlobal

[Asia Economy Reporter Noh Kyung-jo] HanmiGlobal, a construction project management (PM) specialist company, ranked 8th in the global CM·PM sector. It rose two spots from 10th place last year, marking its highest ranking ever.

A HanmiGlobal official announced on the 31st that the company ranked 8th in the '2022 ENR Top International Survey' released by the world-renowned construction magazine ENR (Engineering News Record).

This ranking targets CM·PM companies excluding those in the United States. HanmiGlobal was selected as 8th in total sales among the top 20 global companies with domestic and overseas combined sales of $171.9 million (approximately 196.7 billion KRW) last year. Since first appearing at 18th place globally in 2005, HanmiGlobal has consistently ranked within the top 20, entered the top 10 for the first time in 2019, and has been continuously selected as a 'Top 10' company since then.

As the No. 1 PM company in Korea, HanmiGlobal entered overseas construction markets such as the United States, the Middle East, and Southeast Asia in the early 2000s, and has carried out about 400 projects in 60 countries to date.

Recently, it has been expanding its presence in Saudi Arabia. Last year, HanmiGlobal won the special overall program management (e-PMO) contract for the 'NEOM The Line' project, part of Saudi Arabia's 'NEOM City' project. This year, it secured a PM contract worth 15.5 billion KRW for a residential complex development ordered by Roshn, a Saudi state-owned real estate developer. It also won a PM project worth 44 billion KRW for a residential complex ordered by the Diriyah Gate Development Authority (DGDA), chaired by Crown Prince Mohammed bin Salman.

A HanmiGlobal official said, "We are very pleased to have ranked 8th, the highest ever, in the global CM·PM sector selected by ENR, as large-scale orders continue following the full-scale restart of overseas projects that had temporarily slowed due to COVID-19. Based on the experience and know-how we have accumulated so far, we will further expand our influence in overseas markets and strengthen our status as a global PM company."

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