• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.306-310
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• 2002

Agreements such as the Uruguay Round and the New Round have dramatically changed international construction markets. The globalization of the construction industry provides tremendous opportunities for construction industry, while it generates the complex skeins of risks to contractors wllo would like to expand into new foreign markets. According to ENR, recently about $13.9\%$ of contractors that entered international construction markets have experienced loss in projects and furthermore, their average profits have also declined continuously. Accordingly, contractors need a strategic risk management system for assessing various risks and improving Profitability for overseas construction projects. This paper discusses the long-term trend of profitability performed by Korean contractors in international construction markets during the last 35 years. Then, it identifies the key factors that affect the profitability significantly through the structured surveys from 59 actual overseas projects. These factors can be used for developing a risk management system for international construction project.

• 월간 기계설비
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• s.37
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• pp.34-50
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• 1993

우리 정부와 건설업계에서는 시장개방에 따른 국내 건설시장에 미칠 여파를 체계적으로 예측해 보는 등 그 대비책을 다각도로 모색하면서 한편으로는 해외진출 전략수립에 고심하고 있다. 국토개발연구원, 홍성웅 부원장은 $\ulcorner$우리나라 건설업의 국제 경쟁력은 외국 건설업에 비해 건설업체의 기술$\cdot$재무$\cdot$시공관리 능력과 자국 정부의 제도적$\cdot$정책적 지원 등 여러 측면에서 볼 때 아직도 취약하다$\lrcorner$면서 $\ulcorner$우루과이라운드 협상을 계기로 국내 시장에 안주하기 쉬운 안일한 자세에서 탈피하여 적극적인 진출전략의 모색을 통한 해외건설업 재도약의 발판을 구축함으로써 우리의 해외건설업에 새로운 지평을 열어 주어야 할 시점$\lrcorner$이라고 국토개발연구원에서 발행된 건설경제에서 밝혔다. 또 $\ulcorner$국제화$\lrcorner$에 따른 경쟁력 강화의 논의가 주요 현안으로 부각되는 현시점에서 기술우위의 경쟁력 강화와 해외건설제도의 재정비를 통한 우리나라 해외건설의 재도약을 위해서는 정부와 업계의 협조적 공동노력이 그 어느 때 보다 절실하다$\lrcorner$고 강조했다. 이와관련 본지에서는 건설경제에 게재되었던 국토개발연구원 박준천 소장의 $\ulcorner$해외건설 현황과 진로$\lrcorner$를 발췌 게재하기로 한다.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.652-655
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• 2007

Due to stagnation of domestic market, increasing number of domestic construction companies started to make inroads into foreign market recently. Yet compared to domestic market, there are much more risks in the foreign market which companies may confront. So deliberate and rational decision making skills are required. Accordingly, there has been many researches which analyzed the risk of individual markets and also studies covering decision support models. In this study, we suggest a model concerning financial issues when branching out into a new market, specially in the construction companies' point of view. For this we used a real options game which shows real competition status of a new market and deduced a feature of that market, Upon these results, we also suggest a model which helps firms to decide whether investing in the expansion is smart action or not. The model developed in this study is made in specific circumstances of limited conditions. The future study makes more realistic models considering subjects like disproportion in information and generalization of competing companies.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2018.05a
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• pp.78-80
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• 2018

침체된 세계경제가 회복할 기미는 보이지 않고, 재정수입을 확보하지 못한 정부들은 민간자본을 이용한 인프라 건설사업 추진을 선호하고 있다. 이런 자본을 동반한 해외사업의 추진을 위해서는 정부, 금융권, 건설사가 협업하는 사업모델이 절실하다. 본 연구는 해외항만 개발사업분야 중에서 인도 항만시장을 중심으로 기회와 장애요인, 현황분석을 통해 해외 건설사업 지원의 핵심 경쟁력에 대해 제언하였다.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.129-134
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• 2008

Global construction market has grown rapidly since 2000. Even though developing countries grew into an economic, the most of oil-producing countries of continuous high oil prices due to an increase in plant construction orders is to present a lot of influence. According to the growth of global construction market, the domestic construction companies in the overseas market share have recorded 3% of the performance of the top 10 world records. However, current performance has analyzed the expansion of the market rather than competitiveness development of domestic construction companies. Therefore, to improve competitiveness in the global construction orders for the domestic construction companies in terms of long term, the government in Korea has ordered various research projects related to the plant since 2005. This paper presents not only global plant market trends and plant project in domestic but also introduction of completed research standardization recently.

• 주택과사람들
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• s.79
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• pp.15-33
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• 1996

• 월간 기계설비
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• s.254
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• pp.48-53
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• 2011

세계경제는 다극화 개방화 속에 수많은 다국적 기업이 글로벌 네트워크를 구축해나가고 있으며, 이에 따라 국내 외에서 기업들이 극심한 경쟁에 직면하고 있다. 중국은 근시안적인 단기 투자가 아닌 장기 투자 방식에 의해 세계시장을 점유해 가고 있으며, 일본은 중소 중견기업의 해외투자가 매년 평균 5% 이상 증가할 정도로 해외투자에 집중하고 있다. 이처럼 국제경쟁이 치열한 가운데 글로벌 시장 점유를 위한 우리 기업의 해외시장 진출도 지난 1968년 이후 꾸준히 증가해 2008년에는 해외건설 수주액이 300억불, 2010년에는 700억불을 돌파했고, 진출지역도 중국 등 아시아를 중심으로 유럽 및 중남미 지역까지 확대되는 등 그 영역을 확장해왔다. 이러한 양적 성장에도 불구하고 대기업에 비해 중소기업은 해외투자에 대한 정보 인력 자금 등이 부족한 실정이다. 본지는 회원사의 해외진출에 도움을 주고자 정부 각 기관의 해외진출 서비스 및 제도, 해외진출 시 필수 체크사항 등을 중심으로 해외진출 가이드를 게재하고 있다.

• 월간 기계설비
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• s.95
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• pp.65-82
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• 1998

최근들어 전문건설업계의 해외건설면허 취득이 늘어남에 따라 설비건설업계에서도 해외건설면허를 확보한 회원사가 급증하고 있다. 해외건설면허는 좁은 국내시장을 탈피함은 물론 고품질 확보로 국제경쟁력 강화등 많은 장점이 있어 관심의 대상으로 부각되고 있다. 게다가 IMF한파에 대한 돌파구의 일환으로 해외건설에 대한 관심은 더욱 고조되고 있다. 이러한 시점에서 해외건설협회가 지난 4월 8일부터 10일까지 3일간 회원사들을 상대로 실시한 ${\ulcorner}$해외건설 실무교육 신임과정${\lrcorner}$교육은 관련업계의 관심을 모았다. 본지는 독자적인 해외건설 진출에 미숙한 설비건설업계의 사정을 고려, ${\ulcorner}$해외건설 실무교육 신임과정${\lrcorner}$ 교육중 해외건설 관계법령 및 정책방향을 게재한다.

• Korean Journal of Construction Engineering and Management
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• v.15 no.5
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• pp.22-30
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• 2014

This study undertakes a comparative analysis of the correlation between the condition of the domestic construction market and the expansion of overseas projects within construction companies, based on the vector error correction model. The analysis results verified that, in the post-IMF crisis period, domestic construction companies took on more overseas projects only when the residential construction market slowed down. Compared to the pre-crisis period, construction companies grew more responsive to the condition of the domestic market for residential construction, and they took on more overseas construction projects when the domestic market slumped. This is because the business portfolios of Korean construction companies' render them highly vulnerable to the condition of the residential construction market. When the domestic residential market slows down, the business condition of construction companies quickly takes a turn for the worse, and to cope with this, they turn to overseas projects to compensate for the slowing of the domestic market. As the analysis shows, expanding overseas construction projects as a way to turn around business condition amid a slow residential construction market actually undermines the management of the companies even further. In other words, shifting business focus toward an overseas market during a hard time might be useful for securing cash flow, but might not help to restore profitability. Thus, construction companies need to carefully manage their level of business diversification to ensure strategic flexibility.

• Korean Journal of Construction Engineering and Management
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• v.20 no.1
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• pp.86-95
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• 2019

As the urban development economy is stagnating due to the reduction of the budget for Social Overhead Capital (SOC) and the stabilization policy of the real estate market, there is a steady increase in the interest of domestic construction companies to enter the overseas market. However, domestic construction companies are showing a decline in overseas urban development market as compared with advanced foreign companies having excellent financial management and overseas project management ability. Therefore, it is necessary for domestic companies to select an urban development model that meets the environment and the level of the country of entry, and to establish an advance strategy to manage the risks of overseas business. For this purpose, the factors of entry into the overseas urban development market through the existing research, literature analysis, and FGI were derived, and survey strategy and IPA analysis were conducted to develop strategies for entering the overseas urban development market. As a result, we have established a strategy for private companies to enter the overseas urban development market.