해외건설 지원제도와 활성화 전략 = Institutions to Promote Foreign Construction and Its Revitalization Strategies

다국어 초록 (Multilingual Abstract)

Examining, for the last 2-3 years, the foreign construction performances of the Korean firms in global market, we should consider the foreign construction as future growth industry to promote the Korean economy. The foreign construction industry contributes to improvement of current balance, job creation, regulate business cycle, growth of GDP. To activate the foreign construction, above all, Korean government should go ahead with so called ``Foreign Construction Road Map 2020-2030``. The government has to also make efforts related to complex foreign affaires and trade, by which it could propose and manage divers business and activities closely linked with green growth and local resources development. It should be useful to regularize President`s or Ministers` official visits. To manage more efficiently high risk projects, I recommend strongly a cooperative strategies and activities between public firms and private firms to enter the local market. And Korean companies, to catch up a sustainable effective competitiveness, should come to an end the irrational bidding with absolutely low price and rather should reinforce the feasibility study of project and the cooperation network with local governments. It`s still necessary to extend a strategic coalition or partnerships with local companies or of other countries. Finally, Korean companies have to reinforce core competency in the global market and promote a localization strategy corresponding to the local socio-economical constraints.