Yushin Park Appointed as New CEO of BS Hanyang
On June 10, BS Hanyang announced that it held a board meeting and appointed Yushin Park, head of the construction division, as its new CEO.
The newly appointed CEO, Park, born in 1972, joined Daelim Industrial (currently DL E&C) in 2001 and previously served as CEO of DL Construction. Since 2024, he has overseen BS Hanyang's construction division. With this appointment, he will lead the company alongside the existing CEO, Choi Inho. The company stated that it plans to accelerate its growth strategy in the energy sector, including solar power and liquefied natural gas (LNG), based on the stable performance of its construction division.
Last year, BS Hanyang achieved 1 trillion won in new orders through urban redevelopment projects in areas such as Myeonmok-dong in Seoul and the Geumsong district in Incheon. The company diversified its order channels through private-participation public development projects, including Pyeongtaek Godeok. Including its own projects, the company secured an order backlog in the 8 trillion won range, thereby enhancing mid- to long-term revenue visibility and maintaining a solid order intake policy, according to the company.
To secure future growth engines, the group is participating in the energy sector at the group level. A representative project focuses on renewable energy development, including a 5.4 GW solar power complex in the Solaseado area of Haenam County, Jeollanam-do. The company operates solar power plants in the region and completed the Gwangyang Biomass Power Plant last year. The Yeosu LNG Hub Terminal is scheduled to begin commercial operation in 2028.
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CEO Park stated, "The solid performance of our construction division will serve as a strong foundation for the growth of our energy business," adding, "We aim to increase the company's mid- to long-term corporate value through balanced growth across both the construction and energy sectors."
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