SEOUL, Jan. 18 (Korea Bizwire) — With increasing uncertainty in the automotive industry as the pandemic drags on, Hyundai Motor Group is facing a dilemma over the construction of its planned Global Business Center (GBC), a life’s dream for honorary chairman Chung Mong-koo. The world’s fifth-largest automotive group is currently split over whether to build [...]
SEOUL, May 6 (Korea Bizwire) — Hyundai Motor Group plans to begin construction of its Global Business Center (GBC), the company’s new headquarters, in southern Seoul this month. It is breaking ground six years after having purchased the land the buildings will stand on. The South Korean automotive group filed paperwork with the Seoul Metropolitan [...]
SEOUL, Nov. 27 (Korea Bizwire) — Hyundai Motor Group said Wednesday it will complete the construction of its new headquarters in Seoul by 2026 after breaking ground early next year. On Tuesday, the Seoul metropolitan government gave permission for the construction of the 105-story Global Business Center (GBC) in southern Seoul after Hyundai Motor agreed [...]
SEOUL, Dec. 18 (Korea Bizwire) — The construction of Hyundai Motor Group’s new Global Business Center (GBC) is expected to be fast-tracked after the government indicated it would accelerate deliberations related to the project in its economic policy direction for next year. The government said deliberations on Hyundai Motor’s GBC project, which will be built [...]