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Ssangyong Engineering and Construction

Ssangyong Engineering & Construction Co., Ltd. 쌍용건설
Public
Industry Engineering, Construction
Founded 1977
Headquarters Seoul, South Korea
Key people
S. Joon Kim (Chairman & CEO)
Revenue US$ 1,498 MIL. (2012)
Number of employees
1,925 (June 2013)
Website www.ssyenc.com

Ssangyong Engineering & Construction Co., Ltd. was established in 1977, head office be located in Shinchon-dong Songpa-gu, Seoul, Korea.

1977 Founded Ssangyong Construction Co., Ltd (October 18)

1986 Renamed as Ssangyong Engineering & Construction Co., Ltd. from Ssangyong Construction Co., Ltd.

1986 Completed the construction of Raffles City Complex in Singapore (Listed as the world’s tallest building in the Guinness Book of World Records)

1987 Launched the first overseas investment development project in the nation (Marriott Residence Inn Anaheim in the US)

Since its founding in 1977, Ssangyong E&C performed 135 projects in the world, totaling $9 billion in value spread throughout 20 countries including Singapore, Indonesia, Malaysia, Saudi Arabia and India. The company has a portfolio that spans all areas of construction, ranging from buildings, roads, subways, railways, airports, harbors, dams, bridges, tunnels and plants. In the hotel building sector, in particular, Ssangyong E&C has completed approximately 13,000 guestrooms with its hotels around the world.

In 2010, Ssangyong E&C built the Marina Bay Sands Hotel in Singapore, sloping up to 52 degrees from the ground surface.

Each of the three hotel buildings, uniquely linked together, look like two playing cards leaning against each other, crowned by a horizontal SkyPark elevated 200m above the ground.

This project involved 57 floors above ground (including the SkyPark), with 2,511 guestrooms in three buildings that were conjoined at the top.

Ssangyong E&C has constructed hotel projects such as Singapore’s Raffles City, W Singapore Sentosa Cove Hotel as well as the Grand Hyatt Jakarta, the Hyatt Regency Guam and InterContinental Bali Resort. Ssangyong has also built the Jumeirah Emirates Tower and the Grand Hyatt Dubai Hotels.

Meanwhile, Ssangyong is involved in the construction of hospitals, including Singapore’s New KK Hospital and Tan Tock Seng Hospital, as well as the Hospital Selayang in Malaysia.

Some other building projects undertaken by the company are Singapore’s CapitaLand Headquarter Building, Oceanfront Condominium and the Kranji Racecourse, Jakarta’s Stock Exchange; and Sarawak Provincial Mosque in Malaysia.

In 2012, Ssangyong has won a contract to build a Yale-NUS(the National University of Singapore) college campus in Singapore. And in 2013, Ssangyong has won a contract to build two St. Regis Hotel Projects in Indonesia and Malaysia.

As for infrastructure projects, Ssangyong is currently the design-builder of the Marina Coastal Expressway Contract 482 and the Mass Rapid Transit Downtown Line 2 Contract 921 projects; both of which are the largest and most challenging of their kind in Singapore’s construction history.


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