[비즈한국] Samsung C&T028260 has ranked first in South Korea's construction capability evaluation for 12 consecutive years. Samsung C&T’s overall evaluation value was driven by a significant increase in its reputation evaluation, which measures a construction company's social credibility. Conversely, Hyundai Engineering dropped two spots to 6th place due to a sharp decline in its management evaluation value, while DL E&C375500 and GS E&C006360 each rose one spot to 4th and 5th place, respectively, taking their places.
The construction capability evaluation is a system that converts a company's ability to execute a construction project into a monetary value, allowing project owners to select appropriate contractors. The Ministry of Land, Infrastructure and Transport evaluates the construction performance, management status, technical capability, and reputation of construction firms and announces the results every July. The results are used for various purposes, including restricting bidding eligibility for public projects, selecting contractors for private projects, and conducting credit and guarantee reviews.
According to the 2025 construction capability evaluation results for construction firms announced by the Ministry of Land, Infrastructure and Transport on the 31st of last month, Samsung C&T recorded a construction capability evaluation value of 34.7219 trillion won in the civil engineering and building construction sector, ranking 1st for 12 consecutive years. Samsung C&T's evaluation value this year increased by 2.8682 trillion won (9%) compared to the previous year, the largest increase among the top 10 construction firms. This year, the reputation evaluation, which assesses a firm's social credibility, reached 4.0523 trillion won, an increase of 1.3463 trillion won (50%) from the previous year, driving the overall rise in its evaluation value.
This year's construction capability evaluation rankings for construction firms are as follows: 2nd, Hyundai E&C000720 (17.2485 trillion won); 3rd, Daewoo E&C047040 (11.8969 trillion won); 4th, DL E&C (11.2183 trillion won); 5th, GS E&C (10.9454 trillion won); 6th, Hyundai Engineering (10.1417 trillion won); 7th, POSCO E&C (9.8973 trillion won); 8th, Lotte E&C (7.4021 trillion won); 9th, SK ecoplant (6.8493 trillion won); and 10th, HDC Hyundai Development Company (5.8738 trillion won). While Hyundai Engineering fell two spots to 6th compared to last year, GS E&C and DL E&C each rose one spot to 4th and 5th, respectively.
Hyundai Engineering's drop in the construction capability ranking this year is due to a decline in its management evaluation value. In this evaluation system, the management evaluation value is a quantitative index of a company's financial status and management soundness. While Hyundai Engineering's construction performance evaluation value rose by 1.6878 trillion won (44%) to 5.5179 trillion won this year compared to the previous year, its management evaluation value fell by 2.339 trillion won (72%) to 903.6 billion won. This is analyzed to have been influenced by the operating loss (1.2401 trillion won) incurred last year due to worsening profitability at overseas plant sites, including an oil refinery in Indonesia and a gas processing facility in Saudi Arabia.