Construction Key Opportunities and Trends in South KoreaMadeinkoreablog
The South Korean Construction industry value has increased at a compound annual growth rate (CAGR) of 2.43 % during the review period (2009- 2013).
Growth was supported by public and private investments in infrastructure, commercial and industrial construction projects. Much of the South Korea’s economic and industrial success can be credited to the country’s commitment to development of infrastructure.
In a list of 148 global economies, South Korea’s infrastructure ranked 23rd, according to the World Economic Forums Global Competitiveness Report 2013- 2014.