Hyundai E&C is at the forefront in promoting win-win cooperation with subcontractors and enhancing competitiveness of domestic construction technology through the development of innovative ideas and advanced technologies. Korea’s primary builder held an award ceremony for the “2011 Win-Win Cooperation between Hyundai E&C and SMEs and Competition for Technology” at the Hillstate Gallery in Seoul on November 25, with the attendance of about 300 executives and staff members including CEO Chung Soo-hyun and prize winners. The 4th contest, which had been established in 2008, was an unparalleled success with 131 entries from a variety of fields such as architecture, civil/environment, plant and power. As the event attempted to collect a wide range of cutting-edge technologies and construction methods able to be applied to construction sites and novel ideas leading the future of the construction industry, special attention was paid to a diversity of ideas about innovative construction methods and future growth engines. Following two rounds of evaluation, Hyundai E&C selected 15 companies. The grand prize went to the real-time electric resistivity monitoring system using CDMA wireless communications for verification of grouting effects submitted by Heesong Geotek. The system makes it easier to spot soft grounds and sites required for reinforcement work and to monitor how reinforcement materials are fittingly put into relevant sites during the tunnel or dam construction.