View source for Hyundai Engineering and Construction

{{Short description|South Korean construction company}}
{{distinguish|Hyundai Engineering (HEC)}}
{{Infobox company
| name = Hyundai Engineering and Construction Co., Ltd.
| logo = Hyundai Engineering & Construction logo.svg
| image = Hyundai Headquarter Building, Jongno-gu, Seoul.jpg
| native_name = 현대건설 주식회사
| native_name_lang = ko
| type = [[Public company|Public]]
| traded_as = {{KRX|000720}}
| founded = {{start date and age|1947}}
| founder = [[Chung Ju-yung]]
| hq_location = [[Jongno District]]
| hq_location_city = [[Seoul]]
| hq_location_country = South Korea
| key_people = Yoon Young-joon ([[President (corporate title)|president]] and [[Chief Executive Officer|CEO]])<br>Lee Won-Woo (EVP)<br>Kim Kwang-Pyung (SVP & CFO)
| area_served = Worldwide
| industry = [[Construction industry|Construction]]
| parent = [[Hyundai Motor Group]]
| website = {{URL|https://www.hdec.kr/en/main.aspx|https://www.hdec.kr}}
}}
{{Infobox Korean name
| hangul=현대건설
| hanja=現代建設
| rr=Hyeondae Geonseol
| mr=Hyŏndae Kŏnsŏl
}}
'''Hyundai Engineering and Construction Co., Ltd.''' ('''HDEC'''; {{Korean|hangul=현대건설 주식회사}}) is a major [[construction company]] in South Korea.  The company was founded by [[Chung Ju-yung]] in 1947 as the Hyundai Civil Works Company and was a major component of the [[Hyundai Group]]. Hyundai Construction and Hyundai Engineering merged in 1999.<ref>{{cite web|url=http://www.brl.pe.kr/news/19990515-hdec.htm|title=Hyundai E & C, Engineering merger|date=15 May 1999|website=Brl.pe.kr|access-date=11 November 2017|archive-date=3 March 2016|archive-url=https://web.archive.org/web/20160303200859/http://www.brl.pe.kr/news/19990515-hdec.htm|url-status=dead}}</ref>

Hyundai Construction played a major role in the importation of Korean laborers to the [[Middle East]] to work on construction projects in the 1970s and 1980s.  In the decade following 1975, Hyundai signed their first contract in the region for construction of a [[shipyard]] for the [[History of the Iranian Navy|Iranian Navy]] near [[Bandar-e Abbas]].  800,000 [[Koreans in Saudi Arabia|Koreans went to work in Saudi Arabia]] and another 25,000 [[Koreans in Iran|went to Iran]]; Hyundai was their largest employer.<ref name="Seok">{{cite conference|last=Seok|first=Hyunho|title=Korean migrant workers to the Middle East|book-title=Migration to the Arab World: Experience of Returning Migrants|editor1=Gunatilleke, Godfrey |pages=56–103|publisher=United Nations University Press|year=1991|isbn=9280807455}}</ref><ref name="MadeInKorea">{{cite book|title=Made in Korea: Chung Ju Yung and the Rise of Hyundai|last=Steers|first=Richard M.|publisher=Routledge|pages=109–117|year=1999|location=United Kingdom|isbn=978-0-415-92050-6}}</ref>

Under creditors' management with [[Korea Exchange Bank]] as the largest creditor, Hyundai Group was split into several entities from 2001 to 2006.<ref name="times.hankooki.com">[http://times.hankooki.com/lpage/biz/200703/kt2007030621140211910.htm] {{dead link|date=November 2017}}</ref> As of March 2007, HDEC is the main shareholder of [[Hyundai Merchant Marine]], which is the de facto holding company of [[Hyundai Group]].  Hyundai Group and [[Hyundai Motor Group]] (another spin-off from Hyundai Group) are both vying to purchase HDEC.<ref name="times.hankooki.com"/>

In 2011, [[Hyundai Motor Group]] became the new owner of Hyundai Engineering & Construction. This was determined by Korean banks' decision after the company won a bidding war against the [[Korean Merchant Marine]].

==Key landmark construction sites==
* [[Godeok-Topyeong Bridge]]
* [[Highway 42 (Thailand)|Pattani-Narathiwat Highway]], Thailand
* [[Bangabandhu Bridge]], Bangladesh
* Kyeong-bu (Seoul-Busan) expressway
* North Han river, Soyanggang Dam, multipurpose Dam
* Seoul Gangnam apartment introduction in Korea during 1970
* Hyundai Ulsan shipyard
* Hyundai Motor Ulsan complex
* Ulsan Industrial complex
* Posco Giant Pohang and Gwangyang (South-west of Korean peninsula) complex
* Jabel Ali Industrial harbour construction
* [[Suntec City]] tower project, Singapore
* Ulsan Grand Bridge
* Geogeum Grand Bridge
* Masan Changwon Grand Bridge
* [[Sheikh Jaber Al-Ahmad Al-Sabah Causeway]], Kuwait
* [[Lusial Expressway]], Qatar
* Construction of Al Bustan Street South Project -Sabah Al ahmad Corridor, Qatar
* [[North-South Commuter Railway]] (Sucat-Calamba), Philippines

==Notable people==
The [[President of South Korea|former president of South Korea]], [[Lee Myung-bak]], was a former CEO of Hyundai Engineering and Construction.

==See also==
{{Portal|Companies}}
* [[Suwon Hyundai Engineering & Construction]]
* [[Economy of South Korea]]
* [[CentGas]] consortium
* [[List of companies of South Korea]]

==References==
{{Reflist}}

==External links==
* {{Official website|https://www.hdec.kr/en/main.aspx}}
* [https://www.facebook.com/Hyundai.Engineering Hyundai Engineering & Construction {{in lang|en}} FB Page]
{{Finance links
|name= Hyundai Engineering & Construction
|google= 000720:KRX
|yahoo= 000720.KS
|bloomberg= 000720:KS
|reuters= 000720.KS
}}

{{Hyundai Motor Group}}
{{KOSPI 200}}
{{DJSI World}}
{{Authority control}}
{{Use dmy dates|date=May 2025}}

{{DEFAULTSORT:Hyundai Engineering And Construction}}
[[Category:Construction and civil engineering companies of South Korea]]
[[Category:Companies based in Seoul]]
[[Category:Companies listed on the Korea Exchange]]
[[Category:Companies in the KOSPI 200]]
[[Category:Construction and civil engineering companies established in 1947]]
[[Category:Hyundai Motor Group]]
[[Category:South Korean companies established in 1947]]