Infrastructure Business Division introduced advanced safety management system and construction personnel fostering program to the new market: Myanmar
Myanmar is the first country POSCO E&C’s Infrastructure Business Division entered for a project implementation. Based on the experiences for water purification plant and large-scale pumping station projects, POSCO E&C became the first Korean company to enter Myanmar’s water environment market.
This was a project to install additional facilities and build a new storage tank for an existing water purification plant in Yangon, Myanmar. It was jointly implemented by POSCO E&C (53.7%) and KUBOTA (46.3%).
POSCO E&C handled engineering and construction works and KUBOTA was in charge of pump installation. Through successful implementation of an overseas project despite the inferior local conditions, Infrastructure Business Division contributed to the company’s development by realizing profits and improving the company’s reputation and value through sales increase.
Although safety awareness in Myanmar was low, POSCO E&C provided education for and ensured implementation of an advanced safety management system in the project site. As a result, the project was completed with all members placing the highest priority on safety. The project was also selected as a target of review for POSCO E&C’s ISO 9001 (quality management) and ISO 14001 (environmental management) certification. Myanmar still has a low level of quality and environmental awareness.
However, through thorough preparation based on advanced quality and environmental management, we completed the field screening successfully. After fostering professional construction human resources through a training program in Yangon, we gave the trainees with an opportunity for employment through prior consultation with our partners. In addition, through shared growth and local employment based on improvement of laborers’ skills level, productivity improvement, and spreading of POSCO E&C’s value of shared growth, we enhanced our reputation in Korea and abroad, and also contributed to job creation in the local community.