Hyundai Engineering & Construction Accelerates Innovation Strategies for Future Housing

Strategic Insights -

Hyundai Engineering & Construction has set its sights on pioneering the future of housing through accelerated implementation of four major innovation strategies, focusing on energy efficiency, smart building technology, and a customer-centric approach. The company is committed to increasing energy self-sufficiency through research on energy storage systems (ESS) and optimal renewable energy mix plans for each complex. By leveraging cutting-edge technologies and methods, Hyundai Engineering & Construction aims to maximize energy efficiency and self-sufficiency, setting a new benchmark for the industry.

Key Takeaways:

  • Hyundai Engineering & Construction is accelerating the implementation of 4 major innovation strategies to lead future housing, focusing on energy efficiency, smart building technology, and customer-centric approach.
  • The company aims to increase energy self-sufficiency through research on energy storage systems (ESS) and optimal renewable energy mix plans for each complex.
  • Hyundai Engineering & Construction has established demonstration facilities equipped with advanced equipment at the Technology Research Institute in Mabuk-dong, Yongin-si, Gyeonggi-do.
  • The Hillstate Lake Songdo 1st phase has become the first high-rise apartment in Korea to receive the 'Building Energy Efficiency Grade 1++' and 'Zero Energy Building 5-star' certifications.
  • Modern Construction has completed the country's first high-rise zero-energy apartment in 2019.
  • The company has applied cutting-edge technologies and methods to maximize energy efficiency and self-sufficiency, including passive and active systems.
  • Hyundai Engineering & Construction has established a state-of-the-art research facility within its Yongin Mabuk-dong Technology Research Institute, where it is actively pursuing research and development in green building and smart building technologies.
  • The Green Smart Innovation Center (GSIC) and the Ollife Care House are just a few examples of the company's commitment to innovation and competitiveness.
  • With over 60 years of experience in shared housing, Modern Construction has accumulated unparalleled expertise and is now poised to revolutionize the industry with its new life values-based housing brand.
  • Lee In-ki, Head of the Housing Business Division, emphasized the company's commitment to providing total housing solutions that encompass both hardware and software, while concentrating on product innovation and customer needs.

Statistics:

  • 4 major innovation strategies being implemented by Hyundai Engineering & Construction to lead future housing.
  • 60 years of experience in shared housing for Modern Construction.
  • Completion of the country's first high-rise zero-energy apartment in 2019.
  • Zero Energy Building 5-star certification for the Hillstate Lake Songdo 1st phase.
  • Building Energy Efficiency Grade 1++ certification for the Hillstate Lake Songdo 1st phase.

Sources:

  • Hyundai Motor Group
  • Original Press Release: June 11
  • Contify.com