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Ssangyong E&C CEO Makes Year-End Trip to Dubai to Inspect Overseas Sites
Just as he has in previous years, Ssangyong E&C’s Chairman and CEO S. Joon Kim packed his suitcase at the end of the year and headed for the company’s overseas project sites.
On December 30, Ssangyong E&C announced that the company‘s CEO left the country to visit Dubai’s Royal Atlantis Resort and Residences construction site. The project is in its final stage and is expected to be completed in 2021. There, he will be reviewing pending issues as well as discussing diverse collaboration ideas with the client.
The Royal Atlantis Resort and Residences will serve as the main hotel for the Expo 2021 Dubai, which will be held in October 2021. Currently the company’s largest overseas project site, this mega-complex will feature a 795-room, 231-unit hotel and residence complex (B1/46F).
Seen from the sky, the building complex resembles the letter S and also boasts a unique irregular facade resembling a complicated stack of Lego blocks. Six buildings with a maximum height of 192 meters will be connected by several skybridges. In particular, the one that connects the hotel and the residences was installed at a height of 90 meters and weighs a whopping 900 tons. Such requirements have made the project an extreme engineering challenge and pushed the project value to a staggering one billion US dollars.
Ssangyong E&C explained that Chairman and CEO S. Joon Kim headed to the Dubai project site to engage in direct discussions with the client and partner firms from 22 countries across the world handling construction design, structural engineering, consulting, project management, construction supervision and other areas.
At the site office of the Royal Atlantis Resort and Residences site, some 260 people (including the client’s personnel) from 25 countries, including Belgium, the United Kingdom, Germany, Egypt, Syria and Iran, are currently working, with as many as 11,000 construction technicians toiling daily at the site.
Since he became the company’s president in 1983, Chairman and CEO S. Joon Kim has continued to visit, during traditional or year-end holidays, Ssangyong E&C’s overseas project sites in Iraq, Equatorial Guinea, Dubai and other countries to inspect the sites and meet with staff. This time, he is expected to visit the Dubai 1 Residence construction site and other sites to inspect construction work and encourage on-site staff, under strict observance of COVID-19 protocols.
Since the Investment Corporation of Dubai (ICD), whose total assets are worth a staggering USD 274 billion, became the largest shareholder of Ssangyong E&C in 2015, the company has secured nine projects totaling USD 2.2 billion in Dubai alone.