Samsung C&T to Invest Up to 9.4 Trillion Won in Future Growth Sectors Through 2028

Seoul: Samsung C and T Corp., the construction and trading arm of Samsung Group, announced plans to invest up to 9.4 trillion won (US$6.47 billion) in future growth sectors through 2028 while also enhancing shareholder returns. In a recent regulatory filing, the company detailed its investment strategy and shareholder return policy for the coming years.

According to Yonhap News Agency, Samsung C and T plans to allocate between 6.5 trillion won and 7.5 trillion won to sectors such as energy, bio, and other promising areas. Additionally, the company intends to invest between 1.4 trillion won and 1.9 trillion won to boost the competitiveness of its existing businesses. The energy sector will see investments directed towards renewable energy projects, including overseas solar power and battery energy storage systems (BESS).

In the bio sector, Samsung C and T aims to increase investments in its group affiliates like Samsung Biologics Co., focusing on new infrastructure investments in contract development and manufacturing organization (CDMO) operations. As part of its dividend policy, the company announced a 25 percent increase in its minimum annual dividend to 2,500 won per share from the current 2,000 won. Samsung C and T emphasized its commitment to pursuing future growth investments and shareholder returns while maintaining a stable financial structure.