Feb 9 β€’ 06:16 UTC πŸ‡°πŸ‡· Korea Hankyoreh (KR)

Huh Yun-hong, CEO of GS Construction, visits construction site in Australia... 'Aiming for power grid construction project'

GS Construction CEO Huh Yun-hong inspected a construction site in Australia and is seeking new business opportunities in power grid infrastructure.

GS Construction's CEO Huh Yun-hong recently visited Australia from October 2-5 to assess ongoing projects and explore new business opportunities. During his trip, he visited the SRL (Suburban Rail Loop) subway tunnel construction site, which is part of a significant infrastructure project valued at 1.7 billion Australian dollars. Huh personally reviewed progress and encouraged local staff while engaging with key government officials and CEOs of consortium partners to search for additional business ventures.

Since entering the Australian market in 2021 with the North East Link road and tunnel project in Melbourne, GS Construction has been proactively involved in large-scale infrastructure projects. The SRL subway tunnel, which encompasses approximately 10km of dual-track tunnels and underground stations in eastern Melbourne, showcases GS's growing presence and capabilities in the region. The company's commitment to expanding its influence in the Australian market is evidenced by its ongoing projects and efforts to strengthen relationships with local stakeholders.

Furthermore, GS Construction is positioning itself to expand its portfolio in Australia's power grid infrastructure sector, driven by the country's increasing need for large-scale transmission networks due to the rise in renewable energy supply. The company highlighted its strategy to identify new business opportunities in future growth areas, emphasizing a focused approach towards contributing to Australia's energy infrastructure development and ensuring reliable electricity distribution to urban and industrial zones.

πŸ“‘ Similar Coverage