South Korea's 359 construction firms posted 567 overseas deals from 98 nations worth $35.1 billion in 2020, up 57.3 percent the previous year to rise to the highest level in five years.
According to the Ministry of Land, Infrastructure, and Transport, the Middle East accounted for 37.9 percent of orders, trailed by Asia with 33 percent, and Latin America with 19.6 percent.
Over half of the project was for plants, while 28 percent were for public works and 14.3 percent for construction orders.
Among the biggest were Samsung Engineering Co.'s $3.6 billion deal for refinery facilities in Mexico, and Hyundai Engineering & Construction Co.'s contract for a $292 million construction project in Qatar.
Overseas deals by South Korean firms rose for three years from $28.2 billion in 2016 to $32.1 billion in 2018. However, it plunged to $22.3 billion in 2019.


Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Washington Post Publisher Will Lewis Steps Down After Layoffs
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 



