[Asia Economy Reporter Park Hyungsoo] Seongdo ENG is showing strong performance. It appears that the stock price has been influenced as major domestic groups such as Samsung, SK, Hyundai Motor, and LG have announced plans to actively expand domestic investment and employment in line with the launch of the Yoon Suk-yeol administration.
As of 10:42 AM on the 27th, Seongdo ENG is trading at 6,390 KRW, up 10.94% from the previous day.
Including Samsung Electronics' announcement to invest 450 trillion KRW, a total of 10 companies including SK, Hyundai Motor, LG, Lotte, POSCO, Hanwha, GS, Hyundai Heavy Industries, and Doosan have announced investment plans totaling 1,040.6 trillion KRW.
The key investment areas for major groups are semiconductors, eco-friendly technologies, digital, and bio sectors, with plans for large-scale investments in these fields. The goal is to nurture new industries that will become future growth engines early on to expand global competitiveness while also contributing to job creation.
Seongdo ENG is engaged in high-tech industrial facilities, plant business, comprehensive construction execution, and real estate development. The high-tech industrial facilities division mainly handles cleanroom facility construction for advanced industries such as IT, BT, and ET. The plant division is responsible for construction of plants in refining, petrochemicals, power plants, and environmental industries. Recently, it has secured projects such as the new construction of the Tokyo Electron Korea Hwaseong Research Center, the new line construction project for high-nickel cathode materials, and the new construction project for a complex logistics center.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
