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<a href="http://www.accessmylibrary.com/coms2/summary_0286-17468263_ITM" title="Facts and information about S. KOREAN BUILDERS CLINCH US$11.8 BLN IN ORDERS ABROAD JAN-AUG.">S. KOREAN BUILDERS CLINCH US$11.8 BLN IN ORDERS ABROAD JAN-AUG.</a>
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S. KOREAN BUILDERS CLINCH US$11.8 BLN IN ORDERS ABROAD JAN-AUG.
SEOUL, Sept 1 Asia Pulse - South Korean builders are cashing in on booming construction markets in the Middle East amid high-flying oil prices, an industry body said Friday.
The combined orders received by local construction firms between January and August came to US$11.8 billion, up 82.7 percent from a year earlier. The cumulative figure also surpassed the $10.9 billion worth of orders won in the entire year of 2005, the International Contractors Association of Korea said.
The majority of the orders, worth $7.1 billion, came from the Middle East, up 57.3 per cent from the previous year, the association said.
Brisk orders from Asia and Africa also contributed to ...
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Source: HighBeam Research, S. KOREAN BUILDERS CLINCH US$11.8 BLN IN ORDERS ABROAD JAN-AUG.