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Company

Company History

Present ~ 2011

2018
  • Launched D.Answer comprehensive real estate service brand
  • Began construction of Duqm Refinery in Oman
  • Announced new vision: Build Together
2017
  • Competed Inje road tunnel, South Korea’s longest and world’s eleventh-longest
  • Presented with presidential award in “Most Livable Apartment” Contest for Seocho PRUGIO SUMMIT
  • Won Civil Structure of the Year award from Korean Society of Civil Engineers for Inje Tunnel
  • Awarded the Grand Prize in Plant project for Overseas Construction : Jordan Research & Training Reactor PJ (2017)
2016
  • Ranked first in housing supply for seventh consecutive year
  • Signed MOU for housing project in Saudi Arabia
  • Began construction of E-Ring Highway in Qatar
  • Wolsong Low & Intermediate Level Radioactive Waste Disposal Facility, phase 2 (2016 ~ )
2015
  • Named in 50 Best companies to Work For in Korea
  • Won contract for Ulsan S-OIL RUC project, the largest of its kind in the nation
  • ITA Tunnelling and Underground Space Awards 2015 (Wolsong Low & Intermediate Level Radioactive Waste Disposal Facility, phase 1)
2014
  • Won grand prize at “Most Trusted Brand Awards 2014” for PRUGIO
  • Began construction of Seoul Dragon City hotel in (2014-2017)
  • Obtained ISO/IEC 20000 certification, an industry first
  • Launched PRUGIO SUMMIT high-end residential brand
2013
  • Began construction of Jazan Petrochemical Plant in Saudi Arabia (2013-)
  • Began construction of Safi Power Plant in Morocco (2013-)
2012
  • Published first sustainability report
  • Began construction of Starlake City in Hanoi, Vietnam
  • Began construction of Ras Djinet combined-cycle power plant in Algeria
2011
  • Began construction of IB Tower in Malaysia (2011-2015)
  • Began construction of Oman Sur Independent Power Plant (2011-2014)
  • Busan-Geoje Fixed Link named “Civil engineering structure of the year” by Korean Society of Civil Engineers
  • Awarded the Grand Prize in Nuclear Power Generation Project for Overseas Construction (2011)

2010~2001

2010
  • The frist export of Research Reactor to global market
  • Opened Busan-Geoje Fixed Link (Geoga Bridge)
  • Signed M&A agreement with Korea Development Bank
  • Proton Accelerator Research Center (2010 ~ 2013)
2009
  • Began construction of KLCC Tower in Malaysia (2009-2011)
  • Won Construction Technology Awards of Korea and named Top 10 New Excellent Technologies for DBS construction method
  • Began construction of Arzew LNG in Algeria (2009-2012)
2008
  • Ranked first in construction capability evaluations for third consecutive year
  • Won grand prize at Korea Residential Service Awards for PRUGIO
  • Began construction of repair shipyard in Oman (2008-2010)
2007
  • Ranked first in construction capability evaluations for second straight year
  • Won grand prize at Engineering and Construction Technology Awards of Korea
  • Wolsong Low & Intermediate Level Radioactive Waste Disposal Facility, phase 1 (2007 ~ 2015)
  • Presidential Awards on Nuclear Safety Day (2007)
2006
  • Ranked first in construction capability evaluations
2005
  • Won presidential award in “Most Livable Apartment Contest” for Gireum PRUGIO
2004
  • Began construction of Sihwa Lake Tidal Power Plant (2004-2009)
  • Began construction of Geoga Bridge (Busan-Geoje Fixed Link Project, 2004-2010)
2003
  • Launched PRUGIO apartment complex brand
  • Signed MOU for USD 150 million Cambridge Village project in Manila, Philippines (2003-2013)
  • Shin-Wolsong Nuclear Power Plant Unit #1 & #2 (2003~2015)
2002
  • Began construction of LNG Plant, Unit 3 (2002) and Units 5 and 6 (2002-2007) on Bonny Island, Nigeria
2001
  • Won Best Knowledge Management Award from Korea Management Association

2000~1991

2000
  • Changed legal status to independent corporate entity
  • Won presidential award for Daewoo Institute of Construction Technology
1999
  • Won first Korea Construction Management Award
  • Obtained South Korea’s first high-speed information and communication apartment certificate
  • Began construction of Jeju Convention Center (1999-2002)
1998
  • Won Iron Tower Order of Industrial Service Merit for Busan Port fourth phase construction site
  • Exported NPP construction technology to Taiwan - a first for South Korea’s construction industry
1997
  • Began construction of LNG Plant, Units 1 and 2, on Bonny Island, Nigeria. (1997-1999)
  • Signed agreement for construction of Trump World Tower in Manhattan
  • Obtained KT Mark for: Excellent Korean Technology
1996
  • Began construction of Gyeongbu Expressway, Sections 8-1 and 8-2 (1996-2002)
  • Began construction of Passenger Terminal, Incheon Airport (1996-2000)
1995
  • Designated as first safety inspection agency in South Korea’s construction industry with responsibility for bridges, tunnels, harbors, buildings, and repair facilities
1994
  • Won order for Vision City, Malaysia’s first privatization project
1993
  • Obtained ISO 9001 certification, a first for a South Korean construction company (in plant category)
  • Began construction of Houay Ho Dam in Laos (1993-1997)
1992
  • Began construction of Wolsong Nuclear Power Plant, Units 3 & 4 (1992-1999)
  • Began construction of world’s longest highway, in Pakistan (1992-1997)
  • Wolsong Nuclear Power Plant Unit #3 & #4 (1992~1999)
1991
  • Obtained NPP construction certificate from ASME

1990~1973

1988
  • Became first-ever South Korean construction company to enter US construction market; Built residential area for retirees in Seattle
1986
  • Began construction of Serowe-Orapa road, Botswana, thereby becoming the first South Korean company to enter the country (1986-1989)
1985
  • Began construction of Mokdong Cogeneration Power Plant, South Korea’s first such facility (200,000kW, 1985-1987)
1984
  • Won USD 4 Billion Overseas Construction Export Tower Award; Ranked fifteenth among top global contractors by ENR
1983
  • Established Daewoo Institute of Construction Technology, a first for the South Korean construction industry
  • Began construction of Suyeong Bay Olympic Yacht Marina, the world’s largest (1983-1987)
1982
  • Daewoo Co., Ltd. established (construction/trading sectors)
1981
  • Began construction of 88 Olympic Expressway, Section 1 (1981-1984)
1980
  • Began construction of outer road in Bengazi, Libya (1989-1981)
1979
  • Began construction of Seoul Metropolitan Subway Line 2, Section 2-3 (1979-1983)
  • Began construction of Daejeon Depot, the first-ever turnkey project in South Korea (1979-1984)
1978
  • Began construction of Garinius Medical School in Libya, the first-ever South Korean company to enter the nation (1978-1982)
  • Began construction of Dongjak Bridge (1978-1984)
1976
  • Obtained international business license
  • Advanced into Ecuador, a first for a South Korean construction company (1975-1977)
1975
  • Began construction of Daewoo Center, South Korea’s largest office building (1975-1977)
1973
  • Established as Daewoo Construction Co., Ltd.
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