Samsung C&T Apologizes for Pangyo Accident, Halts Work at All Sites
Samsung C&T Deeply Apologizes for Fatal Accident at Pangyo Construction Site… All Work Halted Nationwide
Samsung C&T has expressed its deepest apologies for the tragic fatal accident that occurred at the PSM Tower construction site in Sampyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi-do. The company announced an immediate halt to all construction operations nationwide and the launch of a special safety inspection. The accident occurred on October 29, 2025, when a subcontractor's employee, a man in his 60s identified as Mr. A, tragically died in an accident involving an excavator. Recognizing the severity of the incident, Samsung C&T offered its deepest condolences to the deceased and their family, emphasizing its commitment to making every effort to prevent such tragedies from happening again. In particular, CEO Se-chul Oh of Samsung C&T acknowledged the company's responsibility for the accident and pledged to focus all capabilities on establishing a corporate culture that prioritizes worker safety above all else. Samsung C&T plans to use this incident as an opportunity to re-evaluate its entire safety management system and dedicate all efforts to identifying the root cause and developing effective preventative measures.
Immediately after the accident, Samsung C&T took immediate action to manage the situation and issued a work stoppage order to construction sites across the country. This proactive measure aims to identify and eliminate potential hazards not only at the accident site but at all locations. During the work stoppage, Samsung C&T plans to conduct thorough safety management inspections at each site and focus on enhancing safety awareness among workers through strengthened safety training. In addition, the company plans to invite external experts to conduct safety inspections and apply identified improvements to the sites, thereby raising the level of safety management. Samsung C&T emphasized that it will promptly address any problems discovered through this special safety inspection, expand safety-related investments and training, and solidify a corporate culture that prioritizes safety. This action is a clear example of how seriously Samsung C&T takes worker safety and signals its commitment to continuing investment and effort to prevent safety accidents.
The Pangyo PSM Tower, where the accident occurred, is part of a software promotion facility project being pursued by the NCSoft consortium. It is planned to be 14 stories above ground and 9 stories underground, with completion targeted for 2026. PSM Tower was envisioned as more than just office space, but as a creative space where innovative ideas and technologies would converge. However, this accident has inevitably disrupted the overall PSM Tower construction project. Samsung C&T is focusing on managing the accident and developing preventative measures while also dedicating all efforts to safely resuming the project. In particular, the company plans to work closely with the NCSoft consortium to ensure the project's safety and establish a top-tier safety management system to prevent such accidents from happening again. Samsung C&T has pledged to prioritize safety in all future construction projects based on the lessons learned from this accident, and to do its utmost to protect the safety and health of its workers.
CEO Se-chul Oh of Samsung C&T bowed his head and stated, "I would like to express my deepest condolences to the deceased and their bereaved family. I also sincerely apologize for causing concern to the public." He added, "Through this accident, Samsung C&T once again acknowledges its responsibility for safety, and will re-evaluate the safety management system at all sites and dedicate all efforts to identifying the root cause and developing preventative measures. We will prioritize safety above all else and concentrate all our capabilities on protecting the safety and health of our workers to ensure that such tragedies do not happen again." Samsung C&T pledged to further strengthen its safety management as a result of this accident and take the lead in innovating the safety culture at construction sites. In addition, the company will strive to improve safety management standards through win-win cooperation with partner companies and contribute to enhancing safety awareness throughout the construction industry. Samsung C&T's efforts are expected to play an important role in raising the safety standards of the South Korean construction industry by one level.
