The 1997 Asian financial crisis, which hit South Korea hard, led to the conglomerate's collapse due to the debts incurred by its automobile division.

Projects totaling nine billion dollars in value throughout 20 countries including Singapore, Indonesia, Malaysia, Saudi Arabia, Jordan and India.

The company has a portfolio that spans all areas of construction, ranging from buildings, roads, subways, railways, airports, harbors, dams, bridges, tunnels and plants.

[4] Three hotel buildings, uniquely linked together, look like two playing cards leaning against each other, crowned by a horizontal SkyPark elevated 200m above the ground.

Ssangyong E&C will build a water treatment plant and transmission and storage facilities in the cities of Halabja and Sulaymaniah in Iraq's self-ruled northern Kurdish region.

Other projects in this country include the Unaizah Sewage and Storm Water Disposal System, as well as the steel mill for Hadeed.