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Overview
Management Philosophy
An Excellent Company that Contributes to Human Progress
HanmiGlobal’s management philosophy embodies our people’s aspirations, convictions, and resolve.
Rooted in our mission and five core values, our management philosophy sets the standard for every business activity and decision made by leadership and, at the same time, provides employees with a yardstick for continuous self-reflection that helps them evaluate their current position and make course corrections as needed.
Our mission, “To contribute to human
progress by creating value in the construction industry through continuous innovation,” spells out why we exist and clarifies our responsibilities to customers, employees, shareholders, and society.
We have defined five core values (integrity, safety, customer, excellence, and contribution) as the mindset and behavioral standards that every employee must practise in order to realize our mission.
Vision
2027 VISION
2027 VISION: By 2027, we will build an Excellent Company powered by Excellent People, becoming a happiness-centric workplace filled with outstanding talent.
Strategic Priorities
Mission
Core Values
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INTEGRITY
We always think and act ethically,
dealing honestly with everyone. -
SAFETY
We place safety first, guided by our philosophy
of respect for life. -
CUSTOMER
We dedicate every action and system
to our clients’ success. -
EXCELLENCE
We relentlessly innovate to deliver excellence
in every project. -
CONTRIBUTION
We fulfill our role as responsible corporate citizens
and actively contribute to society.
Financial Performance
Total Revenue
KRW 424.8 billion
Operation Profit
KRW 33.9 billion
Net Profit
KRW 22.9 billion
2.9%
Year-on-year revenue growth
20.3%
Consolidated cash dividend payout ratio
2,086
Employees
8th
Engineering News Record Ranking (Non-U.S. Firms)
16.3%
Five-year revenue CAGR
AA0 Credit Rating
Very strong creditworthiness
Solid adaptability to environmental changes
Business Segments
Products
Architecture
Relentless innovation driven by best-in-class construction technology to create new value in the industry
Since introducing Korea’s first project management assignment for the Seoul World Cup Stadium, HanmiGlobal has grown by successfully managing projects across residential, commercial, office, retail, logistics, and data center sectors. Drawing on the experience and know-how gained along the way, HanmiGlobal has earned recognition as the nation’s most trusted project management company. Acting as the client’s agent, the company integrates every project phase – planning, design, procurement, construction, and operation – to deliver a top-quality facility within the agreed budget and schedule. Much like retaining legal counsel for complex litigation, HanmiGlobal serves as the client’s representative or coordinator so every stakeholder moves toward the shared goal of project success.
- Project Management (PM)
- As Korea’s leading provider of construction management services, HanmiGlobal leverages its proven technical expertise, together with the financing, development, construction, and marketing capabilities of its affiliates, to manage project risks step by step and contribute directly to client success.
- Feasibility Review
- During the planning stage, HanmiGlobal analyzes market conditions, develops product concepts, and tests financial models to verify viability, ensuring that HG PRECON (HanmiGlobal Pre-construction Service) yields the optimum design solution.
- Schedule and Budget Optimization
- HanmiGlobal analyzes the client’s business conditions to identify the optimal project structure for achieving their goals. Drawing on extensive project experience, the company establishes realistic schedules and cost plans, analyzes expenditure items, and minimizes the uncertainty that drives client risk.
- Securing the Client’s Lead Position
- Because construction entails numerous contracts and significant construction costs, HanmiGlobal manages the project from budget development onward and counters unreasonable demands with technical evidence so the client retains full control.
- Value Up
- Maximize repeat orders by excelling in execution and customer satisfaction
- Identify high-value business models through our technology and collaboration with group affiliates
- Innovative
- Establish Korea’s first project management service platform based on our PM know-how
- Build a PM service framework powered by AI Transformation technology
- Strengthen PM capability through partnerships with leading global firms
- Sustainable
- Cultivate an honest corporate culture and contribute to fostering a fair and transparent society
- Maintain ongoing collaboration with our specialist affiliate Ecosian for green solutions
- Apply environmental measures proactively in the pre-construction phase while assuring legal compliance
- Improve the Safety First culture through continuous training and system upgrades
High Tech
Quality control for advanced industrial facilities – the first gateway to product quality
The construction of high-tech industrial facilities represents the critical first step in assuring the quality of advanced products. HanmiGlobal’s High Tech Division partners with clients at this pivotal starting point to drive project success. Going beyond conventional construction, the division plays a central role in turning the future of advanced industries into reality. Semiconductor, battery, and display facilities demand extreme precision and flawless quality, making HanmiGlobal an indispensable partner. Its seasoned specialists draw on deep expertise and experience to create value for the construction industry and build the future together with clients.
- Differentiated, Specialized Construction Management Services
- The High Tech Division assigns skilled experts in every discipline to deliver integrated construction management services across the entire project lifecycle – planning, design, procurement, construction, commissioning, and maintenance. By streamlining and optimizing every phase, the division saves clients time and money while ensuring stable execution and ultimate project success.
- Project Optimization through Digital Tools
- HanmiGlobal has developed and now operates APMS, Korea’s first PM platform for owner-furnished materials, enabling unified control of quantity and quality from order to receipt. In
- In key construction trades, a proprietary system verifies and manages the competency of technical personnel; patented mobile apps then elevate quality control to the next level, underscoring HanmiGlobal’s position as the nation’s top construction management provider.
- Data Driven Cost Management Services
- Leveraging years of accumulated cost data from high-tech projects, the division analyzes information to offer client-specific cost management solutions that raise efficiency and support successful project delivery.
- Environmental
- Improve energy efficiency through design optimization consulting
- Reduce and recycle construction waste
- Propose energy-saving measures via value engineering during the construction phase
- Zero Defect
- Manage interfaces during construction
- Control quality and environment in line with ITPs and SOPs
- Verify the competency of skilled workers in critical trades
- Professional
- Secure expertise by managing advanced industrial facilities
- Identify risks through fast track oversight
- Review design adequacy and present alternatives
- Reflect client requirements in design and construction oversight
- Optimization
- Propose optimal procurement methods, construction techniques, and schedules
- Operate the APMS for owner-furnished materials
- Manage skilled worker certification via a mobile application
- Prevent claims through transparent communication
Infrastructure and Energy
Positioning sustainable infrastructure and energy as a core growth engine while contributing to carbon-neutral projects
Infrastructure projects demand large budgets, long timelines, and close cooperation among government agencies, developers, and investors throughout the entire development cycle. They must also satisfy public interest policies while remaining economically viable and safe. For more than a decade, HanmiGlobal has led environment-focused energy projects and, by staying ahead of industrial change, has continually expanded its specialized project management domain.
- National and International Infrastructure PM
- HanmiGlobal delivers project management services for airports and passenger terminals, water treatment facilities, smart cities, industrial complexes, the new administrative capital, shipyards, and container ports. From pre-construction through commissioning, the company provides optimal solutions at every stage, offering not only PM but also PMO, LTA, and Owner’s Engineer services. In 2019, HanmiGlobal became Korea’s first firm to perform a full overseas PMO under a G2G contract by managing the Chinchero International Airport project in Peru. In 2021, the company secured an ePMO contract for the Neom project, a zero-carbon city initiative, and has since continued to pursue decarbonization as a key overseas strategy.
- Specialized Energy Project Solutions
- To accelerate the transition from fossil fuels to renewable and green hydrogen energy and to improve energy efficiency, HanmiGlobal orchestrates cross-sector collaboration backed by deep expertise, guiding projects to success. Current assignments include the 100MW Hallim Offshore Wind Farm in Jeju, developed with Dutch specialist Pondera, combining European offshore technology with HanmiGlobal’s domestic experience.
- Sustainable
- Participate in infrastructure projects that drive sustainable economic growth
- Strengthen alignment with relevant domestic and international policy goals
- Collaborate with public and private sector stakeholders
- Economic
- Create a sound and fair competitive environment
- Improve service efficiency and quality through expert resources
- Ensure transparency of investment information and systems
- Offer appropriate and flexible pricing for services
- Environmental
- Respond swiftly to environmental and social issues
- Encourage investment in eco-friendly projects
- Comply with environmental standards on every construction site
Services
TSP (Total Solution Provider)
Providing end-to-end solutions that integrate the entire project lifecycle and value chain
HanmiGlobal is evolving beyond a PM firm into a total solution provider, strengthening its competitive edge by delivering integrated solutions across the full construction project value chain. Through close collaboration with group affiliates, the company offers seamless services throughout every phase of a project’s lifecycle – consulting, business planning, finance, design, procurement, construction, and operations.
By combining HanmiGlobal’s PM and HG PRECON with HG D&I’s development expertise, HG AMC’s investment management, OTAK’s design and engineering, Ecosian’s environmental consulting, Turner & Townsend Korea’s cost management, and iAarc’s architectural design, the group provides truly integrated construction solutions. These specialized offerings generate exceptional added value at each project stage.
Pre-con
Pre-construction – the core stage beyond design and construction
Pre-construction refers to every activity carried out before ground breaking – covering the pre-design, design, and procurement phases – to keep cost, schedule, and quality aligned with the project’s objectives through continuous verification and simulation. Decisions made at this stage determine more than 90 percent of the total construction cost and largely fix the ultimate quality of the asset.
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1
HG PRECON goes beyond the narrow meaning of the pre-construction phase and “builds first in virtual space,” delivering value by cutting cost, shortening project duration, raising quality, and preventing safety incidents.
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2
When HanmiGlobal launches a project, it supplies the capabilities clients need to “plan ahead” and “build ahead,” identifying problems early and ensuring efficient, high-quality outcomes.
Cost Influence by Project Phase
Cost Influence Curve
HG PRECON Value Creation Targets
- Reduce Cost
- Apply Integrated Project Delivery (IPD)
- Implement Target Value Design (TVD)
- Adopt nominated subcontract (NSC) and owner-supplied materials (NS)
- Compress Schedule
- Execute contracts under IPD
- Apply fast-track construction
- Utilize off-site fabrication
- Manage workflows with pull planning
- Improve Quality
- Select optimal methods, details, and materials
- Secure time through pull planning scheduling
- Build and use a defect cause database
- Prevent Accidents
- Conduct Design for Safety (DFS) reviews
- Specify safety criteria in RFPs
- Hold daily activity briefings on high-risk tasks
- Ensure Transparency
- Submit and approve project execution plans
- Share all documents
- Adopt open book contracting
Global PM/ENG
Partnering with HanmiGlobal on projects worldwide
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[PM/CM] Otak CPM
Based in Oregon, Otak acquired Day CPM, a specialist PM/CM firm, and renamed it Otak CPM. Leveraging strengths in PM and IPD, the company is distinguished as an owner’s representative and has extensive project experience across the United States.
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[PM·Cost Management] Walker Sime
Founded in 1999 in Manchester, North West England, Walker Sime provides PM, cost management, and design management services. With a broad team of construction experts, the firm has delivered numerous building and energy projects and is now expanding from the private sector into public work.
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[Project Controls] Tarr Whitman Group
Tarr Whitman Group, acquired by Otak, is a Seattle-based PM specialist in Washington, USA, with large-scale public sector experience, including projects for the Washington State DOT, Seattle DOT, and Port of Seattle.
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[Design/PM] Otak
Acquired by HanmiGlobal in 2011, Otak is headquartered in Portland, Oregon, and is renowned in the U.S. Pacific Northwest for its expertise in urban planning and design, as well as in the design of SOC infrastructure, including railways, roads, and bridges, and water-treatment/resource-recovery facilities. It serves as HanmiGlobal’s bridgehead for global market expansion.
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[Cost Management] TTK
Turner & Townsend Korea (TTK) is a joint venture between Turner & Townsend (UK) and HanmiGlobal, established to deliver systematic, professional cost management services to the Korean market. Turner & Townsend is a global PM and QS (Quantity Surveyor - Cost Management) leader, offering independent and specialized program management, project management, cost and feasibility management, and commercial advisory services across real estate, infrastructure, and natural resource sectors.
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[PM∙Cost Management] K2
Headquartered in London and Gatwick, the K2 Group aims to provide CM, PM, development management, and cost management solutions for development and construction challenges. It offers comprehensive development services to support clients in achieving their business objectives and has established an extensive U.K. track record of successfully delivering real estate and infrastructure projects.
Global Network
Since its founding in 1996, HanmiGlobal has introduced advanced PM practices to Korea and has led the way in cultivating a modern construction culture.
Today, in addition to serving Samsung Electronics, NAVER, and others, the company delivers projects in the US, UK, Saudi Arabia, the Philippines, and many more. HanmiGlobal continues to pursue bold innovation and growth to reinforce its reputation as a truly global enterprise.
| Company name | HanmiGlobal Co., Ltd. | ||
|---|---|---|---|
| Established | June 18, 1996 | Head office | 9F, City Airport Tower, 36 Teheran-ro 87-gil, Gangnam-gu, Seoul, Republic of Korea |
| Co-CEOs | Yoon Yo Hyun, Park Seo Young | Employees | 2,086 (as of Dec 31, 2024, consolidated) |
| Business areas | Construction management, Real Estate Development, Urban Design, Civil Engineering, General Construction, Architectural Design, and Supervision | ||
Countries entered
62
Total projects
3000+
Group Companies
Group Company
12- Korea
- iArc Architects
- Ecosian
- HanmiGlobal D&I
- HanmiGlobal E&C
- HanmiGlobal PMC
- HanmiGlobal Asset Management
- USA
- OTAK Inc.
- Otak CPM
- Tarr Whitman Group
- UK
- K2 Construction Management
- Walker Sime
- Japan
- Otak Japan
Entities & Branches
Entities·Branches
16- Asia
- China (Shanghai)
- Saudi Arabia
- Vietnam
- Japan
- India
- Indonesia (Office)
- Philippines (Branch)
- Kazakhstan
- Kuwait
- Africa
- Libya (Branch)
- Europe
- UK
- Hungary
- Poland
- Americas
- USA
- Canada
- Peru
Joint Venture
Joint Venture Company
1- Korea
- Turner & Townsend Korea