GBC Archives | Be Korea-savvy
Hyundai Motor’s Plan for New Global Business Center at Crossroads

Hyundai Motor’s Plan for New Global Business Center at Crossroads

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 [...]

Hyundai Motor Breaks Ground on New Headquarters 6 Years After Land Purchase

Hyundai Motor Breaks Ground on New Headquarters 6 Years After Land Purchase

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 [...]

Hyundai Motor Set to Break Ground on GBC Complex Next Year

Hyundai Motor Set to Break Ground on GBC Complex Next Year

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 [...]