Poong LIM Industrial Company LIMITED (0000)

Poong LIM Industrial Company LIMITED (0000) is a South Korean conglomerate that provides construction and facilities services to U.S. military installations in South Korea through its subsidiary, Poonglim Construction Co., LTD. The company has extensive experience in delivering a wide range of infrastructure projects for the Department of Defense in the Pacific theater. Poonglim Construction specializes in construction, repair, and renovation services for various military facilities, including buildings, utilities, and other critical infrastructure components.

Poonglim Construction has been awarded numerous contracts by both the U.S. Air Force and Army for projects in South Korea. These contracts encompass a diverse array of services, including the renovation of air traffic control towers, replacement of HVAC systems, repair of wastewater systems, installation of generators and transformers, renovation of office buildings and barracks, and general repair activities across multiple facilities. The company has worked on projects at various U.S. military installations, including Kunsan Air Base, Camp Humphreys, and Camp Walker. Notable projects include the repair of senior officer quarters, installation of SCADA systems for lift stations, and upgrades to swimming pools. The majority of these contracts have been awarded by the Department of the Air Force's Pacific Air Forces division and the Army's Installation Management Command (IMCOM) Korea and Pacific Regions. These contracts are typically firm fixed-price delivery orders without set-aside designations.

Poonglim Construction currently holds a significant indefinite delivery vehicle (IDV) contract with the Army's Installation Management Command Pacific Region. This multiple-award IDV has a total potential value of $245 million and runs through October 2028. Under this vehicle, Poonglim Construction is eligible to compete for task orders up to $2 million each for general construction, upgrades, and repairs at United States Forces Korea facilities. This IDV allows the company to provide a wide range of services, including but not limited to building renovations, infrastructure upgrades, and facility maintenance across various U.S. military installations in South Korea. The contract demonstrates the U.S. military's continued reliance on Poonglim Construction's expertise and capabilities in supporting its infrastructure needs in the region.