Sungwon Corporation provides various construction services in South Korea. It is engaged in the construction of highway, subway, railroad, and bridge projects; sports, cultural, and recreational facilities; office buildings; apartments and residential complexes; and electric/telecommunication facilities, as well as in the provision of environmental engineering services. The company was formerly known as Taewoo Development Co., Ltd. and changed its name to Sungwon Corporation in June 1978. Sungwon Corporation was founded in 1977 and is based in Yongin, South Korea