Hyundai Development aims to be leading global developer

Korean construction companies are striving to expand their global business and diversify project portfolios, as a priority of their growth strategies. 　

Hyundai Development Company, the country’s leading developer in housing, civil works and urban development, is venturing into new sectors such as plant construction, renewable energy and resources development.　

The contractor has launched its new business plan, Vision 2016, with the catchphrase “Takeoff and Growth through Change and Innovation.” It seeks to drive “organized growth” by intensifying its presence overseas while differentiating customer value.　

Established in 1976, Hyundai Development has implemented multiple major civil works throughout the country. 　

Its business sphere ranges from the construction of roads, highways, bridges, railways, subways, harbors, power plants to environmental plants, playing important roles in projects such as construction of national expressways including Gyeongbu, Jungbu and Seoul Circular.