1 / 62

International Construction Business Management

International Construction Business Management. 2002 Fall M. E. Rinker School of Building Construction. The Construction Industry in The Republic of Korea. Sep 11, 2002. Ahn, Hong-seob Ph.D, P.E. Contents. Introduction The Republic of Korea(ROK) The Construction Industry

prescott-peck
Download Presentation

International Construction Business Management

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. International Construction Business Management 2002 Fall M. E. Rinker School of Building Construction

  2. The Construction Industryin The Republic of Korea Sep 11, 2002 Ahn, Hong-seob Ph.D, P.E.

  3. Contents • Introduction • The Republic of Korea(ROK) • The Construction Industry • Two Case Projects • Epilogue

  4. Introduction • Interest • Visiting Background • Focus

  5. Introduction to R.O.K

  6. Introduction to R.O.K • Geographic Location • Middle of East Asia • Area • 99,538km2 • Population(2001) • 47,343,000 • 2002 World Cup • Competitive Industries • Others

  7. Introduction to R.O.K

  8. The Construction Industry of R.O.K • Domestic Industry • Overseas

  9. History of the Construction Industry

  10. Domestic Industry • Construction Investment(2002 2/4) • $18,836mil/$129,714mil Gross • Domestic Contracts • $41,210mil • Overseas Contracts • $4,355mil • Others

  11. Domestic Industry-Construction Companies- • Rev $95,762mil(2000) • General Contractors • 11,961cos/474,404prs ->$48,573mil Rev • Trade Contractors • 30,573cos/867,788prs ->$47,189mil Rev • Total Employed • 1,342,192

  12. Overseas Contract(bil USD) • ’96 10.8 • ’97 14.0 • ’98 4.1 • ’99 9.2 • ’00 5.4 • ’01 4.4 • ’90 6.8 • ’91 3.0 • ’92 2.8 • ’93 5.1 • ’94 7.4 • ’95 8.5

  13. Traditional Architecture

  14. Two Case Projects • Korea Express Train Project • http://www.ktx.or.kr/ • Incheon Int’l Airport Project • http://www.airport.or.kr/

  15. Express Train Project • Project Outline • Budget • Period • Progress • Others

  16. Express Train Project • Route • 412km(Seoul-Pusan) • Speed • Max:300km, Average:213km • 116min/412km • System • Upgraded TGV

  17. Express Train Project • Budget • $12.78bil(1992-2004):interim comp. • $18.4bil total(2010):final comp. • Financing • Government :45%(35%+10%) • Institute :55% • 29%(credit), 24%(overseas), 2%(private) • Progress • 85.8%(Jul 2002) • Test Running- • Began Dec 1999 • Period: 52months

  18. Express Train Project • B/C Ratio • 1.10 • 30 yr, social discount ratio 11% ctc. • IRR • 11.84%

  19. L=9,975m/Jun 96-Mar 01/ NATM

  20. L=1,153m/Sep 97-Aug 00/ PC BOX

  21. ○ 2,890m /Apr 94-Dec 00○ SUP STR: PC box/ METHOD: FCM + FMS + SRC

  22. L=4,030m/ Nov 92-Nov 97/NATM

  23. Incheon Int’l Airport • Purpose • Budget • Facilities • Progress • Others

  24. Incheon Int’l Airport • Purpose • Seoul Airport • Hub Airport of North-East Asia • Budget • $7.8bil(1ST Stage) • Period • 1992-2000(1ST Stage) • 2002-2008(2nd Stage) • 2009-2020(3rd Stage) • Open • Mar 29, 2001

  25. Incheon Int’l Airport-Facilities- • Area : 56,202km2 • Passenger Terminal :49.59km2 • Control Tower : 100.4m • Runway: 3,750mL*60mW*2ea

  26. Incheon Int’l Airport-Capacity- • 240,000 flies/yr • Passengers: 27,000,000pers/yr • Cargo : 2,700,000tons/yr

  27. Incheon Int’l Airport -2nd Stage- • 2002-2008 • $4.7bil • I runaway, 1 passenger terminal etc. 240,000 flies/yr • ->410,000(2020) • Passengers:44,000,000pers/yr • -> 100mil(2020) • Cargo : 450mil tons/yr • ->700mil tons(2020)

More Related