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S. KOREA'S OFFSHORE CONSTRUCTION ORDERS TOP US$10 BLN.

AsiaPulse News

| August 01, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Aug 1 Asia Pulse - South Korea's overseas construction orders surpassed the US$10 billion mark in the first seven months of the year, reaching the level in record time, a government report showed Tuesday.

The country's builders clinched a total of 182 orders worth .45 billion during the January-July period, according to the report by the Ministry of Construction and Transportation.

The figure is a 67.6 per cent increase compared to the same period of last year, breaking the previous record of nine months to reach that level in 1982.

The ministry attributed the surge to rising demand from the Middle East, along with ...

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Source: HighBeam Research, S. KOREA'S OFFSHORE CONSTRUCTION ORDERS TOP US$10 BLN.

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