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home Home About the ICAK History

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History
  • Advanced Construction Korea, the ICAK is at the nucleus of it.
  • Established on November 3, 1976, under the Overseas Construction Promotion Act of the Republic of Korea, the ICAK is the only organization in the country that represents the interests of Korean contractors in all matters relating to overseas construction and development activities.
2010's
  • Jun.2015 Attainment of the 700 bil. USD milestone in cumulative total overseas contracts
  • Feb.2014 Opening of the Korea Research Center for Overseas Construction
  • Nov.2013 Initiation of Global Infrastructure Cooperation Conference [GICC]
  • Mar.2013 Opening of the Project Appraisal Div.
  • Jun.2012 Reached the US$500 billion milestone in cumulative total overseas contracts
  • Apr.2012 Opening of the Korea Global Construction Office in Libya, Peru, Indonesia
  • Sep.2011 Opening of the Korea Global Construction Office in UAE
  • Dec.2010 Contract amount reached US$ 71,6 billion in 2010, the highest record
  • Sep.2010 Reached the US$400 billion milestone in cumulative total overseas contracts
  • Jun.2010 Opening of the Human Resource Center
  • May.2010 Opening of the Korea Global Construction Office in Ghana, Cambodia, India, Mexico
  • 2010 Marina Bay Sands Hotel

  • 2012 Jebel Ali Power&
    Desalination Station M

  • 2015 NSRP Refinery and Petrochemical
    Complex Project - Marine Works

2000's
  • Apr.2009 Opening of the Korea Global Construction Office in Kazakhstan
  • Dec.2008 Reached the US$300 billion milestone in cumulative total overseas contracts
  • Jul.2008 Opening of the ICAK Institute for Global Construction
  • Apr.2006 Opening of the Small and Medium Contractors Business Center
  • Feb.2006 Reached the US$200 billion milestone in cumulative total overseas contracts
  • Nov.2005 Establishment of Overseas Construction Day
  • Mar.2004 Opening of the Plant Project Promotion Center
  • 2001 Fujairah Desalination & Power

  • 2002 South-Pars Gas Development

  • 2008 American University
    in Cairo New Campus

1990's
  • Jul.1997 Launch of Overseas Construction information Service
  • Apr.1993 Reached the US$200 billion milestone in cumulative total overseas contracts
  • Apr.1977 The Association's Conversion into a special legal entity in accordance with the Overseas Construction
    Promotion Act.
  • Nov.1976 Establishment of international Contractors Association of Korea in accordance with Article 32 of the Civil Law
  • 1970 Jubail Industrial Harbor

  • 1980 Great Man-made River

  • 1990 Petronas Tower