Industrial Capsule: Construction in India

Industrial Capsule: Construction in China

Industrial Capsule: Monetary Intermediation in South Korea

Industrial Capsule: Real Estate Activities in China

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

South korea Real estate / Thematic (Sector/Industry)

Hyundai Engineering & Construction (000720 KS)

<ul><li>The South Korean construction industry is poised for a slowdown over the 2016-2021 period.</li><li>After a wave of new apartment towers in recent years, the residential construction sector is predicted to decelerate over 2016-2021.</li><li>In a continuation of the policy adopted in the year under review, the South Korean Government will further cut social infrastructure spending, such as railway and road construction, under the 2017 budget by 6.6% to KRW22.1 trillion, from KRW23.7 trillion in 2016.</li><li>In addition, preparations for the Winter Olympic Games in Pyeongchang in 2018 are coming to an end, and thus its effect on the construction industry is expected to fade in the first half of 2018.</li></ul>

The South Korean construction industry is poised for a slowdown over the 2016-2021 period.After a wave of new apartment towers in recent years, the residential construction sector is predicted to decelerate over 2016-2021.In a continuation of the policy adopted in the year under review, the South Korean Government will further cut social infrastructure spending, such as railway and road construction, under the 2017 budget by 6.6% to KRW22.1 trillion, from KRW23.7 trillion in 2016.In addition, preparations for the Winter Olympic Games in Pyeongchang in 2018 are coming to an end, and thus its effect on the construction industry is expected to fade in the first half of 2018.

Industrial Capsule: Construction in South Korea