| Title |
An Analysis of Trends and Perspectives of Korea, China, and Japan in the International Construction Market |
| Authors |
Choi Seok-In ; Lee Bok-Nam ; Lee Young-Hwan ; Woo Sung-Kwon ; Jang Hyoun-Seung |
| Keywords |
international construction market ; market share ; trend analysis |
| Abstract |
Even though sum of current market share of Korea, China, and Japan have been decreased in the international construction market, there is a steady increase in the market share of China according to ENR. However, there is no analysis about the impact of the rise of China in domestic construction industry. In order to promote the international market share of Korea, it is essential to establish the strategic plan through foreign market survey that can be used effectively to understand environments of international market. This study investigates a change in the market circumstances and analyzes the trends focused on international construction of Korea, China, and Japan by reviewing ENR (1997- 2001) and related literatures. Based on above results and interview with experts, the study proposes perspectives in terms of capability (Production Technology, Finance, CM/PM, Price), facility (Building, Transportation, Plant, Water), and region (Asia, Middle East, Africa, Latin America). In addition to, the study presents some suggestions for promoting the international construction of Korea in the future market. |