Daewoo Engineering & Construction Expands Urban Renewal Teams, Establishes Safety and Quality Division

Daewoo Engineering & Construction Carries Out Organizational Restructuring and Executive Appointments on the 8th

Daewoo Engineering & Construction said on the 8th that it had reorganized its structure and made executive appointments. The Urban Renewal Team under the Construction Business Division will be expanded into three teams: Urban Renewal Team 1, Urban Renewal Team 2, and the Urban Renewal Project Management Team. The company will also establish a Data Center Business Team and plans to develop it into a key growth driver.

The Business Management Team under the Strategic Planning Division will be divided into the Construction Business Management Team, the Civil Engineering Business Management Team, and the Plant Business Management Team. The move is intended to focus the company’s capabilities on major projects currently in preparation, including the Gadeokdo New Airport, the Dukovany nuclear power plant in the Czech Republic, and the Mozambique LNG project, and to proactively manage potential risks that may arise during the course of these projects.

Daewoo Engineering & Construction headquarters. Photo courtesy of Daewoo Engineering & Construction.

The company has established a Safety and Quality Division to manage safety- and quality-related functions in an integrated manner. It plans to strengthen support for on-site quality management and establish a company-wide monitoring system to enhance its management capabilities and prevent serious accidents and quality incidents. Research organizations that had been dispersed across the various business divisions have been consolidated under the Technical Research Institute.

The company said executive appointments were made based on individual capabilities, expertise, and performance, without considering seniority or region of origin. A Daewoo Engineering & Construction official said, "This organizational restructuring and these appointments are intended to proactively respond to the rapidly changing construction industry and support the company’s continued growth. We will establish a foundation for sustainable growth and take a leap forward as a company trusted by both our employees and our customers."

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