BUILD TOGETHER

Our greatest source of competition is ourselves, and our desire to be the best at whatever it is that

we set out to do. Ever since our founding, Daewoo Engineering & Construction has been a leader

in the construction industry in the Republic of Korea and the world. We also provide competent,

leading-edge services in such fields as development, finance, infrastructure, and energy.

REDEFINING THE POSSIBILITY

CONTENTS

02 CEO MESSAGE & VISION 04 FINANCIAL HIGHLIGHTS 05 OUR COMPETITIVENESS

17 SUSTAINABILITY MANAGEMENT 24 CORPORATE HISTORY 26 GLOBAL NETWORK

CEO MESSAGE

Daewoo E&C has been a leader in the construction industry in South Korea since its founding in 1973, realizing best value

for its customers through its dedication to change and challenge and its passion for innovation.

We have always been part and parcel of the rapid economic growth that South Korea has achieved over the past half-

century, contributing to the nation’s economic stability through the development of a stable housing supply. This has

included developing a new standard for the country’s residential culture with our “PRUGIO” premium apartment complex

brand. In addition, we are becoming increasingly recognized for our leadership in such areas as the design and construction

of nuclear, thermal, and hydroelectric power plants. Now we are amassing a solid base of experience and expertise in the

field of new and renewable energy.

Daewoo E&C is recognized as a world-renowned global construction company, and aims to be a Global Top 20 by 2025.

Our wide range of businesses includes infrastructures, industrial facilities (including oil and gas plants), skyscrapers, and

other buildings. We are also dedicated to leading the Fourth Industrial Revolution through the development of new and

exciting technologies. We are committed to IT-based research and development, as well as an expansion into new business

areas, creating the highest possible enterprise values and a better future for people everywhere.

This commitment will include both solid quantitative and high-quality qualitative growth. We will become an even

stronger global player by strengthening our risk management processes throughout the entire range of bidding on and

executing projects. In addition, we will add to our profitability through an increased reliance on a well-thought-out system

of selection and concentration. Daewoo E&C is changing the world through its adherence to advanced, state-of-the art

technologies and its belief in hiring only the best and the brightest in terms of human resources.

We will continue to meet any and all challenges under our vision of “Build Together”.

Thank you.

Kim Hyung, President and CEO

02 03

We realize best value for our customers through

our advanced technologies, countless challenges,

and belief in open and honest management.”

“

VISION

CORE

VALUES

Strategic

Goals

CORE

STRATEGIES

Challenge and Passion Autonomy and Accountability

Build TogetherRealizing best value together with the customer

Global Top 20Sales of KRW 17 trillion and Operating Income of

KRW 1.5 trillion by 2025

SecureNew growth engine

Maximize Performance Capacity

AmplifyMarketing Strength

BUILD TOGETHER_THE POSSIBILITY

Innovate Management Infrastructure

INFINITY_THE POSSIBILITY04 5

OURCOMPETITIVENESS

Daewoo E&C makes the impossible possible and the imagined into reality. Each and every one of

our employees helps to create ever more valuable foundations for people’s lives and

workplaces in their roles as innovators and challengers that change the world with technology.

FINANCIAL HIGHLIGHTS

Sales by Business Area over the Past Three Years( Unit : In Billions of KRW )

Sales over the past three years ( Unit : In Millions of KRW )

2019 Business Results/At Year-End ( Unit : In Millions of KRW )

Civil Works Housing and Building Plants Other

Daewoo E&C emphasizes profitability to achieve stable and sustainable growth even in the midst of uncertain

external circumstances, such as changes in the construction market both at home and abroad and fluctuations

in the cost of raw materials. Some of the steps that we took included streamlining our business organization,

reorganizing our business portfolios, reinforcing our procurement and execution capabilities, strengthening our risk

management processes, and carrying out cost reductions. This led to record-high sales of KRW 8,651.9 billion,

an operating income of KRW 364.1 billion, and a net income of KRW 201.2 billion in 2019.

Sales Operating Income

NetIncome

Total Assets

Shareholdersʼ Equity

8,6

51

,85

2

8,6

51

,85

2

36

4,0

61

20

1,2

40

9,6

97

,69

7

2,4

88

,24

9

10

,60

5,4

94

11

,76

6,8

40

20192017 2018

1,8

82

6,8

64

2,6

20

40

1

1,7

42

6,5

80

1,9

44

33

9

1,3

87

5,1

53

1,5

82

53

0

2019 2019 2019 20192017 2017 2017 20172018 2018 2018 2018

Construction that harmonizes people,places, and nature

Daewoo E&C builds roads, bridges, and tunnels using

technology and passion that turn what had only

been imagined into what we see as reality.

The Busan–Geoje Fixed Link, also

known as the Geoga Bridge, is a

combined 8.2 kilometer-long bridge

and tunnel fixed link connecting

Busan and Geoje Island. In its

entirety, it consists of a 3.7 kilometer

underwater tunnel and a 4.5

kilometer cable-stayed bridge. Prior

to the construction of this wonder

of engineering, people had to travel

more than 140 kilometers to get

where they were going.

8.2Km

Total Length of

Geoga Bridge

Clean and safe energy and efficient,

high value-added industrial facilities

Daewoo E&C uses its technological acumen and years of

experience to add to the value of natural resources and

the power of the world’s industrial might. We have never

met a challenge that we could not overcome.

Daewoo E&C’s Residual Upgrading Complex and Olefin Downstream

Complex project for S-OIL is the largest-scale plant in the history of

South Korea. The project, which involved transforming low-value

residues from crude oil refining into high-value gasoline and propylene

products, cost approximately USD 3.2 billion on a construction site of

1.1 million square meters, and used 110,000 tons of rebar. Completed in

April 2018, the heavy oil desulfurization facilities included the nation’s

largest heavy oil cracking plant, allowing S-OIL to enter the high-value

petrochemical market for the first time ever.

Billion USD3.2

Contract Amount of

S-OIL RUC/ODC Project

Creative spaces and industrial hubs

Daewoo E&C is leading the evolution of architectural technology in the Fourth

Industrial Revolution era, presenting new standards for the construction of

skyscrapers and intelligent buildings both at home and abroad.

The G-Tower in Songdo is considered to be a pioneering example of a “green” office

building, with tenants that include the Green Climate Fund, an international member of

the environmental movement. The tower produces 17.8% of the energy consumption

required for its operations through a combination of solar power, geothermal heating,

and other forms of new and renewable energy sources. The tower is also efficient in

terms of energy utilization. It uses natural design techniques to achieve a grade one

level of building energy efficiency, and includes an atrium with a double skin system

that prevents outside air from entering the interior directly. Daewoo E&C was awarded

the grand prize at the 2012 Korea Green Construction Awards for the project.

G-Tower in Songdo

Grade One Level of Building Energy Efficiency

1st grade

A trend-leading new residential culture

Daewoo E&C has become the acknowledged leader of

South Korea’s housing market through its reliance on

customer-based, in-depth demand forecasting and its

unparalleled product competitiveness.

Daewoo E&C’s Seocho PRUGIO SUMMIT

is a masterpiece of residential design.

With a gross floor area of 35,120.70m2,

a total floor area of 163,448.39m2, and

907 household units spread across seven

buildings, it began attracting the attention

of potential customers long before its

completion date. The Sky Lounge, on the

twenty-sixth floor, and the fitness club on

the thirty-fifth, are sterling examples of

what the company has chosen to call “the

privilege of living in the sky”. Daewoo E&C

won the grand prize presidential award in

the 2017 Most Livable Apartment Contest

for its construction.

We won the grand prize (Presidential

Award) in the 2017 Most Livable

Apartment Contest for Seocho PRUGIO

SUMMIT, and raised the pride of its

residents with multifarious products and

services developed to realize its corporate

residential philosophy.

Won Grand Prize in

Most Livable Apartment Contest

No.1

We entered the Malaysian market

in 1983 with the construction of a

hangar at Subang Airport. We have also

participated in the building of a super-

sized landmark project, the Ilham Baru

Tower (or IB tower) in the heart of Kuala

Lumpur. It is the third-tallest intelligent

building in the country, standing 274

meters tall with fifty-eight stories. IB

is an abbreviation of the term “Ilham

Baru”, which means “New Inspiration”

in Malaysian. The IB Tower boasts a

distinctive appearance and a unique

structure, in which the building’s

load is supported solely by external

superstructure columns, without the

need for any internal pillars. It also

includes a number of other special

construction methods and technologies,

such as Building Movement Control

(BMC), Building Information Modeling

(BIM), and steel structure lifting.

Growing throughout the world

Daewoo E&C began its advance into the overseas construction

market by receiving an order for a South American road paving

project in 1976. We have been contributing to making life

better for people all over the world ever since.

Height of IB Tower

in Malaysia274m

SUSTAINABILITYMANAGEMENT

Daewoo E&C is moving forward to be a “Global Top 20” player by carrying out its social

responsibilities as a company striving for a better future for everyone.

Daewoo E&C’s“PRUGIO” brand is a combination of “pureuda”, meaning “green” in Korean,

and “geo”, referring to the ground and space. It signifies comfortable and enjoyable living

spaces in which people and nature blend together.

BRAND POWER

PRUGIO

Daewoo E&C’s PRUGIO apartment complex brand has set an exciting new standard in the construction of environmentally

friendly apartment units in South Korea, building a sense of brand trust by supplying people with homes in which they can

lead happy, fulfilling, and meaningful lives.

After undergoing a period of renewal in 2019 with a brand philosophy, “The Natural Nobility”, the PRUGIO name can now

be seen everywhere you look: in apartments and commercial/residential buildings, in PRUGIO CITY residential areas, and in

PRUGIO HEIM rural-type villas and townhouses. The ultimate proof of the excellence of the PRUGIO brand can be seen in the

wide roster of awards it has won. This includes being ranked first in the Premium Brand Index for housing supply every year

since 2010; winning the presidential award in the “Most Livable Apartments” contest; being named an “Excellent Design

Apartment” brand by the city of Seoul; and being the first apartment complex brand to obtain the “Good Design” mark.

PRUGIO SUMMIT

PRUGIO SUMMIT offers the ultimate in technology, services, and premium-quality living spaces. Launched in 2014, the

brand maximizes customer satisfaction with residence living features that people never want to leave. Located in Gangnam-

gu, Seoul, “SUMMIT GALLERY” is a specialized venue showcasing all the delights and amenities of PRUGIO SUMMIT.

D.Answer

D.Answer is a comprehensive real estate service that fully integrates the experience and expertise of Daewoo E&C in the

construction and provision of studio apartments, urban lifestyle homes, and condominiums. It reflects our commitment

to offering our faithful customers the ultimate in a comprehensive realty service, maximizing the value of their properties

with such premium-quality, one-stop services as a lessor and lessee management system, legal advice, brokerages,

leasing management, and other forms of support.

QualityManagement

SafetyManagement

Maximizing Enterprise and Customer Values

Daewoo E&C maximizes customer value with strict quality controls equaling or

even surpassing strict international standards. This includes a company-wide

quality management system with the voluntary participation by all our employees,

ranging all the way from planning to construction and servicing.

Protecting People’s Lives

Daewoo E&C is committed to providing the ultimate in health and safety

coverage and benefits for all its workers, ensuring safer workplaces and

healthier tomorrows for everyone.

SUSTAINABILITY18 19DAEWOO E&C PROFILE

1991 ASME/NBBI international nuclear certification (ASME NA/NPT, NBBI NR)

1993 ISO 9001 quality management system certification

1997 KEPIC nuclear construction certification (KEPIC MN/EN/SN/MH)

2009 ASME/NBBI international non-nuclear certification (ASME S/U/U2/PP, NBBI R)

2012 KEPIC nuclear design certification (KEPIC MN/SN)

1

1. CLEAR emblem (design registered)

2. KOSHA 18001

3. OHSAS 18001

2 3

Quality Management Policy

Daewoo E&C is positioning itself as a leading global construction company that

practices sustained quality management improvement activities and exhaustive risk

management processes.

Quality Management Activities

Quality Management System

Daewoo E&C’s state-of-the-art quality management system plays an integral role in all

the company’s operations, including planning, feasibility studies, design, procurement,

construction, supervision, testing, deliveries, and servicing. Much of our standards

are based on criteria established by external quality certifiers, both domestic and

international. We are committed to providing best-in-class products and services in all

of our operating divisions.

Human Resources

Daewoo E&C’s commitment to the highest possible standards of service is ensured

by the strict regimen of training that all our on-site quality managers are required

to undergo. We also operate a program called “Quality Voice Space” that encourages

communications between our quality managers, our head office, and our worksites.

Quality Risk Management

We manage for any and all risks that might affect our quality management system,

including internal and external issues and stakeholder requirements. We also provide

both quantitative and qualitative assessments and countermeasures, and take a

number of steps to measure their effectiveness.

Quality System Certifications

Our ISO 9001 and KSQ ISO 9001 certifications are applicable to all sectors of the

construction industry. We also boast an international-level KEPIC/ASME certification

related to nuclear power plant construction, maintenance, and design.

Safety Management Policy

Daewoo E&C encourages all its employees to participate in health and safety

management practices and training exercises. We pride ourselves in being on the

forefront in the development of a safety culture that is both preemptive and proactive.

Safety Management Activities

Safety Management System

Our health and safety management system includes a series of mid- to long-term

roadmaps. They have been devised by our quality safety office, which sets up company-

wide HSE goals and guidelines and establishes detailed plans. We also run a Health

and Safety Management Committee that ensures quality communications with all our

business divisions and workers.

The CLEAR Program

We were the first enterprise in South Korea to adopt the Incident and Injury-Free (IIF)

Safety Approach devised by JMJ Associates, a global transformational management

consulting firm. We also developed an in-house safety program called CLEAR, which

stands for Commitment, Listen & Speak, Eliminate, Appreciate, and Relationship.

Strengthening Health and Safety Management Programs and Processes

We are establishing a set of health and safety policies that both our employees and

partner companies will all be obliged to comply with. They include strict guidelines

governing risk assessments and safety assessments.

Health and Safety Management System Certification

We acquired an OHSAS 18001 certification from the British Standards Institution in

2000, a first in the construction industry in South Korea. We also obtained

a KOSHA 18001 certification from the Safety and Health Corporation in 2015.

BUILD TOGETHER_THE POSSIBILITY

EnvironmentalManagement

Human ResourcesManagement

SUSTAINABILITY21DAEWOO E&C PROFILE

1. PRUGIO Childcare Center

1

1. Jeju Solar Power Supply Project

2. ISO 14001:2015

1

2

20

Environmental Management Policy

Environmental preservation is the dominant concern of all our management processes.

In addition to operating an environmental management system with an ISO 14001

certification, we are committed to reducing, and eventually eliminating, any and all

forms of environmental pollution caused by our operations.

Environmental Management Activities

Environmental management system

Our HSE teams both at home and abroad operate under the aegis of the Quality Safety

Office, and are responsible for the overall implementation and management of our

company-wide environmental management system. Construction managers are in

charge of more localized environmental operations.

Developing Green Technologies

We strive to reduce the amount of resources used and minimize greenhouse gas

emissions by developing eco-friendly concrete and cement materials. We are also working

to reduce our GHG emissions and increase our volume of recycling by utilizing DECO2,

a carbon dioxide capture and utilization technology that we developed in-house.

New and renewable energy and Zero Energy Houses

We are undertaking a number of new and renewable energy projects in response to

governmental policies encouraging the use of alternate sources of power. This includes

the Jeju Solar Power Supply Project and the Haenam Wind Power, Yeongwol Wind

Power, and Uljin Wind Power Generation Projects. We are also planning to begin

Zero Energy House construction with 100% energy self-sufficiency using our “Green

Premium” eco-friendly technologies.

Environmental Management System Certification

We are proud to have acquired an ISO 14001 certification, an international standard for

environmental management systems established by the International Organization for

Standardization (ISO). We have also obtained a Green Building energy efficiency rating

and a number of other eco-friendly building certifications.

HR Management Policy

Everyone who works at Daewoo E&C is expected to take on challenges with commitment and

passion, and to fulfill his or her responsibilities to the best of his or her abilities. We recruit new

employees in a transparent and fair manner, and offer every employee equal opportunities for

growth within our organization.

HR Management

Enhancing Job Competencies and Expertise

Daewoo E&C offers a wide range of training programs to strengthen the talents and abilities of

all its employees. These include grade-based promotions, leadership courses for team leaders

and construction managers, a common job competency enhancement course, a PM competencies

improvement course, a contract and claims management course, and a real estate developer’s

course. Overseas project visits and mentoring programs are also provided to new employees.

Employee Evaluations and Compensation

The fairness and transparency of our employee evaluations are guaranteed by the use of a

methodology called Management by Objectives (MBO). Salary increases are determined according

to an individual’s job performance and his or her contributions to our overall operations.

Creating a World-Wide Talent Pool

We have established a “Global Talent Pool” to find and hire top-flight human resources. We

also publish labor management manuals that are filled with in-depth information on our global

operations. They apply to potential employees on a country-by-country basis.

Strengthening Our Corporate Culture

We carry out a number of corporate culture campaigns to foster a deeper relationship with

our employees. These exchanges and communications include the establishment of a variety

of intranet communities, along with the publication of company newsletters and setting up

organizational development workshops.

Benefits

All the members of our workforce can access a broad array of benefit programs, including

assistance during pregnancy and childbirth. We operate a number of in-house childcare centers,

and have a full-scale maternity leave policy in place. We also provide counseling centers for

workers having mental health issues.

Putting People, Nature, and Construction in Harmony

Daewoo E&C strives to minimize the environmental impacts of all its business

processes, while also assisting in the sustainable growth and development

of the world and all its people. This includes making dramatic inroads into

the new and renewable energy business.

Helping Companies and Their Employees Grow Together

The most important assets of Daewoo E&C are our people, the core source of

our corporate growth. We are constantly upgrading our recruiting and

training processes to make each and every one of them the best possible E&C professional.

BUILD TOGETHER_THE POSSIBILITY

Social Contribution Management

SUSTAINABILITY22 23DAEWOO E&C PROFILE

Win-Win and SharingManagement

Mutually Beneficial Growth Conference with

Business Partners

1

Mutually Beneficial Management Policy

Daewoo E&C maximizes the quality of its operations by working with high-performing

business partners both at home and abroad. The winning applicants in this process are

then put through a series of strict and in-depth evaluations on a twice-yearly basis. Those

that stay on with us are offered a variety of supports in such areas as financial assistance,

training and education, and technology transfers.

Mutually Beneficial Management Activities

Establishing a fair and just selection process

Applications from potential business partners are taken year-round through our online

“e-Cos” bidding process. Partners are chosen for their construction and technological

abilities and their financial stability, with extra points being given for such sustainability

items as safety, the environment, labor, and ethical management.

Evaluating the quality of our partners and their operations

We assess the operations of our business partners by means of in-depth evaluations of

them and their head office operations twice a year. Those partners whose evaluations are

excellent receive benefits like exemptions from contract guarantee insurance, while those

that are judged to be substandard are subject to the cancellation of their registrations,

bidding restrictions, and other sanctions.

Multilateral Support Policies

Funding • We support our partners financially by creating shared growth funds. Created

funds amounted to KRW 28.0 billion as of 2018.

Educational Support • We operate five training courses to improve the job skills of our

partner companies’ employees. We also carry out safety and environmental education for the

heads of major partner companies, CEOs of new business partners, and construction managers.

Ongoing Communications • We invite the employees of excellent and major partner

companies, and hold informal meetings to share win-win growth-related policies and programs.

Technological Support • We are building a long-term win-win model by founding the

“4S (Smart-Structure-Safety-System) Structural Safety Group Cooperative” and the “Core

Environmental Technology Professional Cooperative”.

Social Contribution Policy

Daewoo E&C carries out helping and helpful social contribution activities in a

number of fields. They are headed by the Daewoo E&C Social Service Group, which

is composed of the head office, domestic and overseas on-site organizations, and

community service teams. Our overseas operations are primarily involved with

medical, educational, and environmental assistance and technology transfers in

Morocco, Algeria, Qatar, and other countries.

Social Contribution Activities

Domestic_Donating, improving, and sharing

Daewoo E&C began a partnership with the Pyeonghwa Municipal Home for severely

handicapped people in 2009. Since then, we have helped with environmental cleanups

and renovations to outworn facilities and take the residents for visits to a park every

year. We also deliver charcoal briquettes to sole-support seniors and low-income

families, give kimchi to children from broken homes, and raise funds for UNICEF. In

addition, we hold bazaars to assist social enterprises, and promote environmental

improvement activities in various areas, including college campuses and breastfeeding

rooms in subway stations.

Overseas_Medical Assistance, Technology Transfers, Etc.

We also participate in social contribution activities in countries where we operate

around the world. This includes providing free eye care to people in Morocco since

2012. We have helped many people there who were suffering from serious eye

diseases, including over six hundred cataract and strabismus surgeries and more than

seven thousand outpatient visits. We also help local people to become self-reliant by

operating a series of training schools where they can take advantage of enhanced

training, educational, and job-related opportunities.

Reinforcing Win-Win Management forFairness and Shared Growth

Daewoo E&C’s partner companies are treated as part of our family. They are selected based

on a fair and just evaluation scheme that is designed to enhance their competitiveness and

their sustainability, provided that they are able to pass an ongoing evaluation process.

Helping to Make the World a Better Place

Daewoo E&C’s social contribution activities help to make the world a happier and more

caring place, one warm heart at a time. We are committed to providing our neighbors in

need with the sort of long-term assistance that will change their lives fundamentally.

1. Briquette delivery service

2. Eye disease treatment service

1

2

BUILD TOGETHER_THE POSSIBILITY

1973 - Established as Daewoo Construction Co., Ltd.

1975 - Began construction of Daewoo Center, South Korea’s largest office

building (1975-1977)

1976 - Obtained international business license

- Advanced into Ecuador, a first for a South Korean construction

company (1975-1977)

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)

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)

1980 - Began construction of outer road in Bengazi, Libya (1989-1981)

1981 - Began construction of 88 Olympic Expressway, Section 1 (1981-1984)

1982 - Daewoo Co., Ltd. established (construction/trading sectors)

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)

1984 - Won USD 4 Billion Overseas Construction Export Tower Award;

Ranked fifteenth among top global contractors by ENR

1985 - Began construction of Mokdong Cogeneration Power Plant, South

Korea’s first such facility (200,000kW, 1985-1987)

1986 - Began construction of Serowe-Orapa road, Botswana, thereby

becoming the first South Korean company to enter the country

(1986-1989)

1988 - Became first-ever South Korean construction company to enter US

construction market; Built residential area for retirees in Seattle

1991 - Obtained NPP construction certificate from ASME

1992 - Began construction of Wolsong Nuclear Power Plant, Units 3 & 4

(1992-1999)

- Began construction of world’s longest highway, in Pakistan

(1992-1997)

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)

1994 - Won order for Vision City, Malaysia’s first privatization project

1995 - Designated as first safety inspection agency in South Korea’s

construction industry with responsibility for bridges, tunnels,

harbors, buildings, and repair facilities

1996 - Began construction of Gyeongbu Expressway, Sections 8-1 and 8-2

(1996-2002)

- Began construction of Passenger Terminal, Incheon Airport

(1996-2000)

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

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

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)

2000 - Changed legal status to independent corporate entity

- Won presidential award for Daewoo Institute of

Construction Technology

2001 - Won Best Knowledge Management Award from Korea Management

Association

2002 - Began construction of LNG Plant, Unit 3 (2002) and Units 5 and 6

(2002-2007) on Bonny Island, Nigeria

2003 - Launched PRUGIO apartment complex brand

- Signed MOU for USD 150 million Cambridge Village project in

Manila, Philippines (2003-2013)

2004 - Began construction of Sihwa Lake Tidal Power Plant (2004-2009)

- Began construction of Geoga Bridge (Busan-Geoje Fixed Link Project,

2004-2010)

2005 - Won presidential award in “Most Livable Apartment Contest”

for Gireum PRUGIO

2006 - Ranked first in construction capability evaluations

- Joined Kumho Asiana Group as affiliate

2007 - Ranked first in construction capability evaluations for

second straight year

- Won grand prize at Engineering and Construction

Technology Awards of Korea

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)

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)

2010 - Won contract for overseas export of research reactor

(to Jordan, 2010-2017)

- Opened Busan-Geoje Fixed Link (Geoga Bridge)

- Signed M&A agreement with Korea Development Bank

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

2012 - Published first sustainability report

- Began construction of Starlake City in Hanoi, Vietnam

- Began construction of Ras Djinet combined-cycle power plant in

Algeria

2013 - Began construction of Jazan Petrochemical Plant in Saudi Arabia

(2013-)

- Began construction of Safi Power Plant in Morocco (2013-)

2014 - 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

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

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

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

- Won first prize in Overseas Plant category at Overseas

Construction Award for research reactor in Jordan

2018 - Launched D.Answer comprehensive real estate service brand

- Began construction of Duqm Refinery in Oman

- Announced new vision: Build Together

2019 - Renewal of brand ‘PRUGIO’

- Relocation of the head office building and ‘opening of Euljiro time’

- Conclusion strategic cooperation agreement with Italy’s Saipem

HISTORY24 25DAEWOO E&C PROFILE

1971 - 1990 1991 - 2000 2001 - 2010 2011 -

In addition to contributing to the development of the South Korean economy and the improvement of its citizens’ quality

of life, Daewoo E&C has been a trailblazer in exporting the country’s construction technologies abroad. We also opened

the South Korean construction industry’s first-ever technology research institute. Our ultimate goal is to become a

world-wide construction company boasting unparalleled productivity and cost competitiveness and state-of-the-art HSE

systems that will rank with the finest in the world. Going forward, we want to extend our business interests to include

new and renewable energy projects and overseas new town development projects.

CORPORATEHISTORY

BUILD TOGETHER_THE POSSIBILITY

AMERICASUNITED STATES OF AMERICA

NIGERIA

ALGERIA

LIBYA QATAR

KUWAIT

IRAQ IRAN

SAUDI ARABIAUNITED ARAB EMIRATES

OMAN

MOROCCO

MIDDLE EAST

ASIA

KOREA

AFRICA

AMERICA

NIGERIA

ALGERIA

LIBYA QATARKUWAIT

IRAQ

SAUDI ARABIA

UNITED ARAB EMIRATES

MALAYSIA

SINGAPORE

PHILIPPINES

INDONESIA

OMAN

MOROCCO

MIDDLE EAST

ASIA

KOREA

AFRICA

USADaewoo America Development, Inc.

40 Wall Street 25th Floor, NY, NY10005, USA

SAIPANSaipan Laulau Development, Inc.

PMB 1020 P.O. BOX 10000, Kagman III,

Saipan MP96950-8900 CNMI USA

Tel 1-670-236-8864

SINGAPORESoutheast Asia Branch

9 Temasek Boulevard #17-04 Suntec Tower 2

038989, Singapore

Tel 65-6884-9896/8875/3660 Fax 65-6884-6883

MALAYSIAMalaysia Office

Suite 13-11, 13th Floor, Wisma UOA II, No.21,

Jalan Pinang, 50450 Kuala Lumpur, Malaysia

Tel 60-3-2161-9162 Fax 60-3-2161-9163

INDONESIAIndonesia Office

Sona Topas Tower 16th Fl., Jl. Jend.

Sudirman Kav 26, Jakarta, Indonesia

Tel 62-21-250-6555 Fax 62-21-250-6444

PHILIPPINESPhilippine Office

Unit 1807, Trade and Financial Tower,

7th Ave. Corner 32nd St., BGC, Taguig,

Philippines

Tel 63-2-844-2157/7852 Fax 63-2-550-1897

Megaworld Daewoo Corp.

19th Floor Alliance Global Tower 36th St corner

11th Avenue BGC Taguig, Philippines

Tel 63-2-905-2800

VIETNAM Vietnam Office

The Central Area of Tay Ho Tay New Town,

Xuan Tao Ward, Bac Tu Liem District, Hanoi, Vietnam

Tel 84-4-3724-5835

THT Development Co., Ltd.

The Central Area of Tay Ho Tay New Town,

Xuan Tao Ward, Bac Tu Liem District, Hanoi, Vietnam

Tel 84-4-3724-5835

Daewoo Engineering Construction Vietnam Co., Ltd.

Daewoo VINA, R1403, 14th Floor, East Tower,

Lotte Center Hanoi, 54 Lieu Giai Street, Cong Vi Ward,

Ba Dinh District, Hanoi, Vietnam

Tel 84-4-3514-9777

CHINABeijing Lufthansa Center Co., Ltd.

50 Liangmaqiao Road C212A, Beijing, 100125, P.R. China

Tel 86-10-6410-4445

NIGERIADaewoo Nigeria Limited

PORT HARCOURT

Onne / Bori Road Junction, Along East /

West Road, Ebubu Eleme, Rivers State, Nigeria

Tel 234-803-777-6666

Lagos

10B, Lagoon Avenue Osborne Estate,

Ikoyi, Lagos, Nigeria

Tel 234-810-950-2634

Abuja

Sticks & Stones Plaza Suite A203, Plot 1245, Ademola

Adetokunbo Crescent, WuseⅡ Abuja, Nigeria

Tel 234-810-950-2634

MOROCCO Morocco Office

Appartement 5, Immeuble C,

Résidence Annakhil, Hay Riad, Rabat, Morocco

ALGERIANorth Africa Branch

Lot du 11 Décembre 1960, N˚62, El-Biar,

Alger, Groupe de Propriétés N° 77,

Division 41, Part A, Algérie

Tel 213-770-6689-56~8 Fax 213-21-946-070

Daewoo Engineering Construction Nigeria Limited.

PORT HARCOURT

Onne / Bori Road Junction, Along East /

West Road, Ebubu Eleme, Rivers State, Nigeria

Tel 234-803-777-6666

LIBYALibya Office

P.O. Box 76250, Engela Road,

Janzur Sharqiya Tripoli, Libya

Tel 218-21-489-7792~3 Fax 218-21-489-7795

Daewoo Tripoli Investment Development Co., Ltd.

PO Box 1309, Haiy Al Abrajj, Al Teejani Street, Tripoli,

Tel 218-91-339-0046

UAEMiddle East Office

P.O.Box 283160, Concord Tower, 16th Floor,

Office #1603~1605, Media City, Dubai, U.A.E.

Tel 971-4-399-9235 Fax 971-4-399-9381

Abu Dhabi Office

P.O. Box 54752, #1601 16th Floor C-88

Commercial Tower A, Sector E-11, Electra St,

Abu Dhabi, UAE.

Tel 971-2-658-4667 Fax 971-2-658-4668

QATARQatar Office

P.O. Box 24753, Al Mana Business Centre 2, Office 2,

Fareej Sudan,Al Ameer Road, Doha State of Qatar

Tel 974-4017-7079 Fax 974-4436-1618

SAUDI ARABIA Saudi Arabia Office

P.O. Box 2618, Office No.4, 2nd Floor,

Sumou Tower Building, Prince Turkey Street,

Al Yarmouk, Al Khobar, Saudi Arabia,

Tel 966-13-857-6596 Fax 966-13-857-0819

Daewoo Arabia Ltd.

Apt No 8, Ground Floor, Euro Village,

Prince Sultan Road, Al khobar, Saudi Arabia

OMAN Oman Office

P.O. BOX 1824, P.C:130 Al-Athaibah,

Oman

Tel 968-2449-5473 Fax 968-2449-3982

Iraq Iraq Office

Villa No.30, St. 3, District 923, Hai Babel, Al Jadriyah,

Baghdad, Iraq

Tel 964-781-113-0923

KUWAIT Kuwait Office

P.O. Box 1801, Flat 7, Villa 72, Street 10, Block 12,

Salwa, Hawalli, Kuwait Adan 47369

Tel 965-2227-4781 Fax 965-2227-4782

GLOBAL NETWORK

GLOBAL NETWORK26 27DAEWOO E&C PROFILE

CHINA

VIETNAM

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