Hanwha Corporation
Engineering & Construction
Originally Taepyeongyang Construction, Hanwha Engineering & Construction was founded in 1967. In 2022, the company became Hanwha Corporation/Engineering & Construction, a division of Hanwha Corporation. From the start, we quickly became a global player by leveraging extensive experience in construction projects and applying new technologies and subject matter expertise across a wide range of projects, from industrial, chemical and power plants to civil engineering works, commercial buildings and more. With the goal of becoming a Green Infrastructure Developer, we are growing into a leader in building eco-friendly energy and environmental facilities as well as large–scale complex developments.
We’re nurturing the wind power business as a future growth engine. After building a 76MW wind farm in Yeongyang and a 25MW farm in Jeju Sumang, we are expanding to offshore business. We are leading development of the nation’s largest 400 MW offshore farm in Sinan.
Sharpening our competitive edge in hydrogen energy, we built the world’s largest industrial hydrogen fuel cell power plant and were the first to exclusively use hydrogen recycled from petrochemical manufacturing in the Daesan Industrial Complex. In addition, we are preparing for net zero by developing hydrogen production technology that uses wastewater sludge and waste plastic–based pyrolysis oil.
In environmental facilities, we developed the nation’s first advanced membrane filtration water treatment technology and sewage water treatment technology. By harnessing eco–friendly advanced technology, we are raising the bar for water treatment facilities from construction to operation, such as the modernization project of the Daejeon sewage treatment plant, the largest private investment for a sewage treatment plant in South Korea.
In residential sector, since its launch in 2019, our residential brand FORENA has been established as a premium brand in the South Korean housing market. We are building landmark residential complexes in the nation’s major cities.
Bismayah New City is a USD 10.1 billion project, the largest urban development in Iraq’s modern history, and the first overseas project of its kind developed by a South Korean company. The city will be the world’s largest urban construction with infrastructure facilities that support 100,000 households, schools, government offices and roads as well as social infrastructure, such as water and sewage facilities. In 2014, we demonstrated our technological prowess by successfully building the world’s largest domed arena in the Philippines. We are also building power and petrochemical plants in the Middle East and North Africa.
