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, Mar. 10 (Korea Bizwire) — Hyundai Motor Group is moving toward joint development of its new headquarters as a way to save money that can be used in future-oriented research and development (R&D) efforts, industry sources said Sunday. Observers said the world’s fifth-largest automotive conglomerate by sales is exploring the creation of a special [...]
SEOUL, Jan. 8 (Korea Bizwire) — Construction of Hyundai Motor Co.’s new Global Business Center has been given the green light and is expected to begin soon in Gangnam, Seoul. The Ministry of Land, Infrastructure and Transport said on Monday that Hyundai’s plan for its new headquarters passed governmental review. Hyundai Motor will invest 3.7 [...]
SEOUL, Feb. 1 (Korea Bizwire) – Hyundai Motor Group’s new headquarters building to be constructed in southern Seoul by 2021 will be the country’s tallest, a district office said Wednesday. Its draft document for environmental impact assessment submitted to the Gangnam Ward Office showed that the main building of the planned Global Business Center (GBC) [...]