Samil PwC to Hold Seminar Diagnosing Key Issues in the Construction Industry

Seminar on "Tomorrow's Construction and Today's Issues"
Focusing on Safety Concerns and Financial Challenges

Samil PwC announced on September 2 that it will hold a seminar titled "Tomorrow's Construction and Today's Issues" for construction industry executives and professionals at 2:00 p.m. on September 24 at the Amore Hall on the second floor of its headquarters in Yongsan-gu, Seoul.

This seminar is designed to diagnose current challenges faced by the construction industry, such as slowing growth and safety issues, and to explore response strategies for the construction sector amid the rapidly changing global economic environment.

In the first session, Lee Heejung, Senior Research Fellow at Samil PwC Management Research Institute, will present key strategies for the sustainable growth of the construction industry under the theme "The Future of the Construction Industry." The presentation will cover business diversification and expansion into new businesses, digital transformation, and the utilization of smart construction technologies.

Next, Cho Hongrae, Partner at Samil PwC AX Node, will present on "AI Transformation Strategies and Regulatory Changes," offering innovative approaches for the construction industry. AX Node is a newly established organization within Samil PwC this year, specializing in supporting companies' digital transformation (DX) and AI transformation (AX) strategies by combining accounting expertise with AI technology. Partner Cho will introduce DX and AX strategies for the sustainable growth of the construction industry and address related regulatory issues.

The second session, themed "Current Issues in the Construction Industry," will focus on key challenges faced by construction companies from a financial perspective, as well as the pressing topic of safety management. Min Kyungpil, Partner at PwC Consulting, will present on "Innovating Safety Management Systems: The Future of Sustainable Construction Sites," while Hwang Seongpil, Partner at Samil PwC, will discuss "The Introduction and Issues of IFRS 18 in the Construction Industry." In addition, Partner Son Seungwoo will present on "Feasibility Study (F/S) Review and Application Cases for PF Projects," and Partner Lee Yoonseok will discuss "Transfer Pricing Issues and Mutual Agreement Procedures for Overseas Construction Sites."

Han Jaesang, Construction Industry Leader (Partner) at Samil PwC, stated, "With safety issues now highlighted to the point of questioning the very survival of the construction industry, various financial issues also persist in the sector. We hope this seminar will serve as an opportunity for the construction industry to gain momentum for sustainable growth through proactive response."

Samil PwC added, "Through this seminar, we will continue to develop services specialized for the construction industry and actively support the sector in addressing its current challenges and achieving sustainable growth."

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