


In 1994, Daewoo E&C had completed the Houay Ho Hydropower project in Laos, the first BOT
(Build-Operate-Transfer) project implemented outside and proved its overseas project devel
opment and construction capabilities. By independently developing, investing in, and solely
constructing the Pocheon Combined Cycle Power Plant, thereby contributing to a stable power
supply in the Seoul metropolitan area, and by bringing Phase 1 of its self-developed Ansan
Danwon Fuel Cell Power Project into commercial operation in December 2025, Daewoo E&C has
strengthened its capabilities as an energy developer. We won a contract for a 47MW photovol
taic project, which had turned tangerine fields into solar energy production sites in Jeju Island,
South Korea. Overseas, we have jointly invested with K-water and carried out construction work
in the Patrind Hydropower Project in Pakistan, which became operational in November 2017.
Through these projects, we have not been only enhancing our business capabilities in energy
sector, but also expanding our business area geographically.
| Houay Ho Hydropower Plant, Laos | 152MW, BOT scheme, main sponsor, EPC contractor Project cost: USD 240 million |
|---|---|
| Patrind Hydropower Plant, Pakistan | 150MW, BOOT scheme, co-sponsor with K-water, EPC contractor Project cost: USD 436 million |
| Pocheon IPP, Pocheon, Korea | 974MW combined-cycle power plant, co-sponsor with KDB infra, EPC contractor Project cost: USD 917.4* million[Exchange rate(USD/KRW, end of 2017): 1063.83] |
| Jeju Solar Power Plant, Jeju, Korea | 47.515MW solar power plant, sponsor, EPC contractor Project cost: USD 64.2* million[Exchange rate(USD/KRW, end of 2017): 1063.83] |
| Ansan Danwon Ph.1 Fuel Cell Power Plant | 19.8MW fuel cell power plant, main sponsor for business development, 20 years operation project of government’s CHPS |



Daewoo E&C played a key role in carrying out the Geoga Road & Bridge project, from planning
and finance through to construction and operation. By constructing the first immersed tunnel in
South Korea - the longest and deepest immersed tunnel in the world at that time - we proved our
superior ability to undertake major infrastructure projects.
The sea link also reduced travel time between Busan and Geoje from 3 hours to 40 minutes and
improved people’s quality of life. We also took part in the Yongin-Seoul Highway as lead manager
and completed a 22.9km highway connecting Seoul with Yong-in city which contributed to sus
tainable development and the distribution of traffic demand in the southern part of the metro
politan area. We contributed to the development of the Guri-Pocheon Highway, the Sosa-Wonsi
Double-Track Railway and the Cheonmasan Tunnel and the Ulsan New Port in addition to other
large-scale infrastructure PPP projects.
| Guri-Pocheon Highway, Korea | 50.6km, with 2-3 lanes each way Project cost: USD 1,607.4 million |
|---|---|
| Ulsan New Port Phase 1-1 Privately Financed Facilities, Ulsan, Korea | 2-wire container pier, 2-wire multipurpose pier, 2-wire ore pier Project cost: USD 243.7 million |
| Yongin-Seoul Highway, Korea | 22.9km, with 2-3 lanes each way Project cost: USD 982.4 million |
| Geoga Bridge, Korea | 8.2km (Busan - Geoje) Including 3.2km immersed tunnel Project cost: USD 1,864.1 million |
| Cheonmasan Tunnel, Korea | 3.23km, with 2 lanes each way Project cost: USD 227.6 million |
| Sosa-Wonsi Double-Track Railway, Korea | 22.3km main line, 2.257km access line, with 12 stations and 4 ancillary facilities Project cost: KRW 1,592.6 billion |