Building And Construction In Asia Pacific > South Korea > South Korea

South Korea: Building and Construction in South Korea 2021-2025: September 2021 Update

​We now expect total construction work done to rebound by 9.5% in 2021, up from our previous forecast of 5.8%. The upgrade is largely due to the stronger than expected result in construction commencements for Q2 (+16.1% y/y), which saw commercial building surge ahead. This adds to the already strong pipeline of projects and will ensure sturdy growth in construction activity over the coming years. 

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