In the fourth quarter of last year, the amount of construction contracts increased by 4.4% compared to the same period the previous year.
The Ministry of Land, Infrastructure and Transport noted that in the fourth quarter of last year, the amount of construction contracts recorded 75.2 trillion won, an increase of 4.4% compared to the same period the previous year.
The public sector increased by 22.8% to 27.4 trillion won, while the private sector decreased by 3.8% to 47.7 trillion won.
By type of work, civil engineering (including industrial facilities and landscaping) decreased by 19.1% to 18.6 trillion won, while construction increased by 15.4% to 56.6 trillion won.
By company size, the top 1-50 corporations increased by 12.0% to 35.4 trillion won, while corporations ranked 51-100 rose by 28.8% to 6.3 trillion won. Corporations ranked 101-300 decreased by 4.9% to 6.1 trillion won, and those ranked 301-1000 increased by 10.6% to 5.6 trillion won. Other corporations declined by 9.5% to 21.7 trillion won.
By project location, the metropolitan area increased by 12.1% to 39.9 trillion won compared to the same period the previous year, while non-metropolitan areas decreased by 3.1% to 35.3 trillion won.
By headquarters location, the metropolitan area increased by 4.7% to 47.3 trillion won, while non-metropolitan areas increased by 4.0% to 27.8 trillion won.
Data on construction contract statistics will be available on the Ministry of Land, Infrastructure and Transport's statistical website starting from the 31st.