Evaluating Construction Market of ASEAN Nations

  • Kim, Hwarang (Intelligent Construction Automation Center, Kyungpook National University) ;
  • Lim, Jangsik (Samoocm Architects & Engineers) ;
  • Ock, Jongho (School of Architecture, Seoul National University of Science and Technology) ;
  • Jang, Hyounseung (School of Architecture, Seoul National University of Science and Technology)
  • Published : 2020.12.07

Abstract

This research evaluated the construction market and project environment of nine nations within the ASEAN members. Quantitative data from global consulting firms and international organizations were identified and normalized for evaluation. The result of the analysis was that Indonesia was ranked highest for construction market growth while Singapore was ranked highest for stability of project environment. The research results can be utilized by construction companies that are planning on entering the construction market within the ASEAN members.

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Acknowledgement

This research was supported by Basic Science Research Program through the National Research Foundation of Korea(NRF) funded by the Ministry of Education(NRF-2018R1D1A1B07051055).