GS Engineering & Construction said on the 9th that from the 2nd to the 5th, CEO Huh Yoon-hong visited Australia to inspect infrastructure sites underway there and held meetings with key figures in Victoria and chief executive officers (CEOs) of consortium partner companies.
Huh visited the SRL (Suburban Rail Loop) subway tunnel construction site that GS Engineering & Construction won in 2024 to check the progress and encourage local employees. Huh also met with key figures in Victoria to identify State Governments' needs for successful completion of the project and discussed additional projects in Australia.
Huh then supported a large-scale power grid infrastructure project for which GS Engineering & Construction is preparing to bid in a consortium with Australian local companies.
With renewable energy supply rapidly increasing in Australia, there is a need to build large-scale transmission networks to deliver generated electricity to cities or industrial complexes where demand actually exists. GS Engineering & Construction has spotted business opportunities in these Australian market conditions and plans to actively participate in future power grid infrastructure projects in Australia.
Huh shared views and plans for the project in a meeting with the CEO of an Australian power specialist company that will join the bid as a consortium partner, and heard about trends in Australia's infrastructure industry by meeting with a local specialist construction company and the CEO of IPA. Infrastructure Partnerships Australia (IPA) serves as the think tank representing Australia's infrastructure industry and proposes research and policies related to Australia's infrastructure.