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Daewoo E&C seeks government mediation in Czech nuclear dispute
Daewoo Engineering & Construction has formally asked the South Korean government to mediate its contract dispute with Korea Hydro & Nuclear Power (KHNP) over the Czech Republic's new nuclear power plant project in Dukovany. The company requested the Ministry of Trade, Industry and Energy to review the negotiation process and its consortium's final proposal, and to broker a reopening of talks, after negotiations broke down. Yonhap reports Daewoo E&C made the request on Nov. 2, following KHNP's decision to end talks with the Daewoo E&C and Doosan Enerbility consortium. The industry ministry has announced it will launch an emergency management system to keep the project on track, according to the Korea Times and Yonhap. Korean media coverage focuses on the breakdown's implications for the project's timeline and the government's role in resolving the deadlock, with Business Korea noting industry attention on the mediation call.
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