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World Construction Network

World Construction Network

South Korea's construction deals surpass $1trn globally

World Construction Network
Summary
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87% Informative

South Korean construction companies have surpassed $ 1tn in accumulated overseas contracts.

The achievement comes nearly six decades after Hyundai Engineering & Construction secured its first international contract, an expressway project in Thailand in November 1965 .

In the January-November period of 2024 , South Korean companies amassed $ 32.69bn in overseas contracts, as revealed by the International Contractors Association of Korea .

VR Score

88

Informative language

88

Neutral language

65

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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