Korean construction: Marching in lockstep with UAE’s miraculous development ...United Arab Emirates

It is expected that the strengthening of close mutual cooperation with UAE partners will lead to the emergence of a ‘Korean wave’ in areas such as construction and infrastructure on the basis of the experience and trust Korean companies have accrued. In March 2018, Korean President Moon Jae-in paid a visit to the UAE and agreed to form business ties between the two countries in the construction industry. The UAE is now the second biggest market in the Middle East after Saudi Arabia for Korean construction with an accumulated contract value so far recorded of around US $80 billion. “Korean construction has expertise and advanced know-how in the field of building, infrastructure and EPC contr

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Korean construction: Marching in lockstep with UAE’s miraculous development ...United Arab Emirates

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