• Land and Housing Review
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• v.9 no.1
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• pp.1-9
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• 2018

As the government announced Real Estate Policies on August 02, most areas except for Seoul cities face increasing business risks. Moreover, the government control over financial sectors' loan leads to the highly possible contraction of new distribution markets. The market trend could bring about the reduction of new demand in PF (Private Financing) business that large construction companies mainly concentrate on, and even the business already obtained has a high risk of being distributed, which could result in substantially low profitability. The currently unstable financial structure of most construction companies is caused by the hike of the prime cost of foreign plants except for that of a few construction companies. If PF (Private Financing) business also faces a difficult situation in such a financial condition, even large construction companies come to have the high possibility of a deficiency in credit rating. Accordingly, the major business that large construction companies concentrate on needs the sufficient business review. It is desirable to make a bid for business guaranteeing stability rather than business solely in consideration of profitability, when participating in a competition for a new construction contract.

• Korean Journal of Construction Engineering and Management
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• v.19 no.1
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• pp.90-102
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• 2018

In preparation of the increase in the domestic debts and the rise in the US interest rate, the Korean government has started to strengthen the regulation on the property market since 2017. So, it is likely that the sales in the domestic construction market would be decreased. Even in the overseas plant projects market, as there has been the continuous increase in the cost and the resulting increase in the losses, it looks hard for the large construction companies to keep their credit ratings as they are now. This study is designed to check Korean government's property policy and any possible problems caused by the overseas and domestic economic environment, which include the property market policy, interest rate, rise in the property price and lackluster sales in housing market. It showed the change in the credit ratings by finding out the sales, work capability, sales in non-governmental projects, operating profits and PF contingency liabilities. For this study, the questionnaires were sent to 30 practical experts to analyze the effect of the risk factor on the outside credit rating of large construction companies.

• The Safety technology
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• no.185
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• pp.16-18
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• 2013

그동안 우수한 안전관리로 이름을 떨치는 건설현장은 주로 대형건설사가 시공을 하는 현장이었다. 중소현장의 경우 인력 및 재무상태가 대기업에 뒤처지다보니 안전관리에 소홀하다는 인식이 지배적이었다. 헌데 최근 이런 인식이 한낱 편견에 불과함을 여실히 보여주는 현장이 있어 큰 주목을 받고 있다. 그 주인공은 바로 중견 건설사인 티이씨건설이 시공을 하고 있는 '명지대 자연캠퍼스 산학협력관 및 제2예체능관 신축공사현장'이다. 이곳 현장은 고용노동부가 지정한 자율안전컨설팅 대상현장으로 체계적인 안전활동과 책임 있는 자율안전관리가 펼쳐지고 있다. 특히 이곳은 현장소장을 필두로 모든 현장 구성원이 적극 재해예방활동에 참여함으로써 '공생 안전'의 모범도 보이고 있다. 이곳이 이처럼 안전에 총력을 기울이는 이유는 시공 현장이 학교이기 때문이다. 즉 안전사고가 발생해 근로자는 물론 우리나라의 미래인 학생들의 몸과 마음에 해가 가는 일이 없도록 안전에 각별한 주의를 기울이고 있는 것이다. 빈틈없는 안전관리로 중견건설사의 저력과 신념을 보여주고 있는 이곳 현장을 찾아가 봤다.

• Korean Journal of Construction Engineering and Management
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• v.19 no.4
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• pp.21-33
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• 2018

In 2018, the real estate markets have hardly been transacted according to the government's tight regulations of real estates, and have the high possibility to reach a low hit due to the hike of loan interest rates following the U. S rise of base money rate. The key profits for the large construction companies mainly come from the overseas plant projects and the domestic non-governmental construction projects. They suffered a lot such as the lowering of their credit ratings due to the large losses caused by the frquent design changes and work delay. Even in the domestic non-governmental construction projects, the general business risks are on the rise due to the property marketing moving over to the decreasing phase. The small and medium sized security companies has realized a lot of operaring profits as they participated in the PF market to make up for the losses in the securities trading business. But, now as the housing market is not so good around the nation except Seoul and the financial states of large construction companies are not good enough, they can face the liquidity crisis if there happens the problems in the PF backed securities which they have handled. As Korean economy experienced the crisis in the savings banks before, it is recommended that Financial Supervisory Service proposes the preemptive control method and supervision direction to overcome the crisis.