Samsung C&T 건설부문 일일 리스크 모니터링 — 2026-07-21

---

1. 주요 사업 변화 및 리스크 신호

• 반도체 팹 신규 건설 기회: Samsung Electronics has shared plans with partners to build four new semiconductor fabs by 2030: two in Pyeongtaek, one in Yongin, and one in Gwangju. This is expected to create major construction order opportunities for Samsung C&T.

• 도시정비사업 독점적 수주 확대: Samsung C&T continues to leverage its "Raemian" brand power to secure most of its urban renewal projects without competitive bidding. Currently, they are the sole bidder for the re-tendering process for the Seongsu District 3 redevelopment project (성수3지구).

• 리스크 신호(PF/재무/법적 분쟁): No issues reported. Samsung C&T maintains a top-tier credit rating (AA+), and risks related to PF contingent liabilities remain limited.

---

2. 보증 및 하도급 관리 이슈

• 하도급대금 및 원가 이슈: The construction industry is seeing a move toward abolishing retainage and removing unfair special contract clauses. Major firms, including Samsung C&T, are improving trade practices with subcontractors, such as by raising supply unit prices.

• 보증보험 리스크: Under new regulations, the mandatory additional guarantee requirement is waived for remaining balances of 10 million KRW or less. Thanks to its AA+ credit rating, Samsung C&T is securing favorable terms for subcontract payment guarantees.

• 확인 필요 항목: Need to check DART for any new order contracts or amendments posted since July 20.

---

3. 전략 분석 및 협력 기회

• 협력 가능한 사업 기회: There are promising opportunities in electrical, mechanical, and telecommunications installation for the new semiconductor fabs, as well as key subcontracting areas for urban renewal projects like Seongsu District 3 (e.g., reinforced concrete work, mechanical facility construction).

• 경쟁사 대비 포트폴리오 변화: Samsung C&T’s growing dominance in urban renewal is shifting their focus heavily toward their "Raemian" brand portfolio, which strengthens their leverage in selecting supply chain partners.

• 전일 대비 주요 변화: The announcement of Samsung Electronics' large-scale semiconductor fab construction plan is expected to create significant new project opportunities between Samsung Group affiliates.

작성 기준일: 2026-07-21
데이터 수집 범위: 2026-07-20 이후 (과거 24시간)