- Full Time Employees
- 286
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Seoul South Korea
- IPO Date
- Jun 18, 2002
- Business
- Woowon Development Co., Ltd. is a South Korea-based civil engineering and specialized construction company primarily engaged in public infrastructure development, earthworks, and heavy civil construction projects. The company delivers comprehensive engineering, excavation, structural, and contracting services across diverse civil sectors. Its primary product and service offerings comprise transportation infrastructure, including expressways, national highways, road paving, bridges, and high-speed railway roadbeds; urban transit engineering, encompassing subway tunnel excavation using New Austrian Tunneling Method (NATM) techniques, trackbed construction, and underground passenger stations; water resource management and environmental civil works, consisting of multi-purpose dam construction, river restoration, flood prevention systems, water treatment plants, and sewer networks; industrial and regional development, including industrial complex land formation, residential site preparation, and ground leveling; maritime and harbor civil engineering, comprising port terminals, wharves, and coastal reclamation works; and energy-related civil construction, including foundational works for power generation plants and overseas civil infrastructure. Woowon Development primarily serves public sector entities, municipal transit authorities, national road corporations, and major general construction contractors across South Korea, with additional technical capabilities for overseas engineering projects. In recent operational developments, the company has reinforced its position in high-density urban transit expansions through strategic consortium alliances, securing major joint venture construction contracts including the Seoul Subway Line 7 Cheongna International City Extension project alongside Kolon Global and partner engineering firms. The company has focused on executing public infrastructure orders, optimizing contract terms across domestic civil engineering works, and selectively bidding on high-priority national rail and expressway development programs. Founded in 1998, Woowon Development Co., Ltd. is headquartered in Seoul, South Korea, and trades on the KOSDAQ market of the Korea Exchange under the ticker symbol 046940.