Chairman Chung Mong-gyu of HDC Group: "We Must Move Beyond Construction-Centered Structure and Pursue Qualitative Growth"

HDC Group Holds Future Strategy Workshop
Marking 50th Anniversary, Calls for Change for the Next 50 Years

Chung Mong-gyu, Chairman of HDC Group, called for breaking away from a construction-centered structure and securing new growth engines and qualitative growth in celebration of the company's 50th anniversary.

HDC Group announced on the 12th that it held the 2026 HDC Group Future Strategy Workshop over two days starting from the 8th at Oak Valley Resort in Wonju, Gangwon Province. Chung Mong-gyu, Chairman of HDC Group (far right), emphasized the advancement of core businesses and qualitative growth in celebration of the company's 50th anniversary.

HDC Group announced on the 12th that it held the 2026 Group Future Strategy Workshop over two days starting from the 8th at Oak Valley Resort in Wonju, Gangwon Province.

The workshop brought together about 60 participants, including Chairman Chung Mong-gyu, HDC CEO Kim Hoeon, HDC Hyundai Development Company CEO Chung Kyunggu, as well as the CEOs of 13 affiliates, key executives, and leaders from across the group, to discuss the group’s mid- to long-term growth strategies and business portfolio direction.

Chung Mong-gyu, Chairman of HDC Group, emphasized, "As we celebrate our 50th anniversary, bold changes are needed for the next 50 years. In order to properly establish our unique IPARK WAY, we must move beyond the framework of a construction-centered group, advance our core businesses, and pursue qualitative growth through deep consideration."

The workshop also featured heated discussions on the group's strategic direction to respond to the spread of artificial intelligence (AI) technology and changes in industrial structures. Participants discussed ways to create new business opportunities based on HDC's portfolio in life, AI, and infrastructure·energy. They shared a variety of opinions on providing integrated solutions by organically connecting the group's business capabilities and technological strengths in construction, IT, distribution, and hotel·resort sectors.

They also explored ways to enhance group governance by strengthening the holding company system, promote information sharing among affiliates, and facilitate the exchange of physical and human resources. There was a consensus on the need to establish a management approach focused on safety and quality to enhance product competitiveness and customer trust over the long term.

Based on the discussions at this Future Strategy Workshop, HDC Group plans to improve the profitability of its existing businesses while expanding investment in new growth areas such as energy, AIoT, and infrastructure operations.

HDC Group’s strategy is to systematically connect the value chain from investment to operation at the group level to strengthen its profit model, and to focus on creating new value in existing business areas by leveraging AI.