HanmiGlobal Selected as 8th Top Global Construction Project Management Company

HanmiGlobal announced on the 26th that it ranked 8th in the world in the construction business and project management (CM·PM) sector in the '2024 ENR Top International Survey' released by the global construction magazine ENR.

HanmiGlobal CI. / Image courtesy of HanmiGlobal

This ranking is based on the sales of global CM·PM companies excluding the United States. HanmiGlobal was selected as 8th in total sales with a combined domestic and international CM·PM revenue of $244.8 million (approximately 325.9 billion KRW) last year. This is a two-step rise from the 10th place ranking recorded last year. In terms of overseas sales ($111.2 million, approximately 148 billion KRW), it ranked 12th.

ENR annually publishes rankings of outstanding companies in the global construction industry based on the previous year's sales performance. HanmiGlobal first appeared in the CM·PM sector world ranking at 18th place in 2005 with sales of $32.5 million, and entered the top 10 for the first time in 2019. Since then, it has consistently been selected as part of the 'Global Top 10' from 2021 onward.

As a PM-specialized company, HanmiGlobal has entered overseas construction markets such as the United States, the Middle East, and Southeast Asia since the early 2000s, completing over 3,000 projects in a total of 60 countries. Currently, it has corporations and subsidiaries in 12 countries worldwide, including the United States, the United Kingdom, China, Japan, Saudi Arabia, Vietnam, India, Hungary, Poland, Canada, Kazakhstan, and Kuwait. It also operates branches in Indonesia, Libya, the Philippines, and Peru.

HanmiGlobal's overseas sales ratio in the first half of this year reached 57.7%. The solid performance of overseas subsidiaries such as OTAK in the United States and K2 and Walker Sime in the United Kingdom contributed to this. Last year, it secured projects such as the Abdullah New City development project in Kuwait and the construction of worker accommodation complexes for the NEOM City project in Saudi Arabia. Domestically, it is diversifying its business areas into energy infrastructure sectors such as high-tech plants, data centers, and combined heat and power plant modernization projects, as well as reconstruction maintenance projects and public sector CM.