Korean Construction Firms Rank in Global Top 5 for First Time

Data released by the US-based Engineering News Records (ENR) shows that combined sales of South Korea’s leading construction firms ranked fifth in the world in 2014, marking the first time the country has appeared in global top-five.

Among the world’s 250 largest builders South Korea’s 12 biggest construction firms posted $37.06 billion in combined sales in the 2014 recording cycle –that accounted for a 7.1 percent share of the global market.

South Korea’s Ministry of Land, Infrastructure and Transport added that the numbers actually represented a drop of $5.3 billion from the previous year and that Korea’s rise in the ranking was largely due to foreign rivals having suffered greater losses than Korean firms.

 
 

With it’s move into the top 5, Korea pushed out Germany, whose sales came in at $33.84 billion for the year.

China remained at number one with a global market share of 17.2 percent followed by Spain, the United States and France holding the other spots in the top 5 globally.

“The top five ranking comes as South Korea marks its 50th year of making inroads into the foreign construction market this year,” the ministry said in a statement.

 
 

“As of this year, aggregate orders won by local builders surpassed the $700-billion mark.”

THE TOP 100 INTERNATIONAL CONTRACTORS GLOBALLY
RANK
FIRM
2015
2014
1
1
ACS, Actividades de Construccion y Servicios SA, Madrid, Spain
2
2
HOCHTIEF Aktiengesellschaft, Essen, Germany
3
3
Bechtel, San Francisco, Calif., U.S.A.
4
4
VINCI, Rueil-Malmaison Cedex, France
5
9
China Communications Construction Grp. Ltd., Beijing, China
6
10
TECHNIP, Paris, France
7
7
BOUYGUES SA, Paris Cedex 08, France
8
8
Skanska AB, Stockholm, Sweden
9
6
STRABAG SE, Vienna, Austria
10
11
Saipem, San Donato Milanese, Italy
11
23
Power Construction Corp. of China, Beijing, China
12
5
Fluor Corp., Irving, Texas, U.S.A.
13
12
Construtora Norberto Odebrecht SA, Sao Paulo, SP, Brazil
14
13
Hyundai Engineering & Construction Co. Ltd., Seoul, S. Korea
15
14
Ferrovial, Madrid, Spain
16
17
Samsung C&T Corp., Seoul, S. Korea
17
20
China State Construction Eng’g Corp. Ltd., Beijing, China
18
**
Ozturk Holding Co., Istanbul, Turkey
19
18
Royal BAM Group nv, Bunnik, The Netherlands
20
19
Abeinsa SA, Seville, Spain
21
21
Petrofac Ltd., Jersey, Channel Islands, U.K.
22
24
Consolidated Contractors Group, Athens, Greece
23
28
China Railway Group Ltd., Beijing, China
24
26
CB&I, The Woodlands, Texas, U.S.A.
25
22
PCL Construction Enterprises Inc., Denver, Colo., U.S.A.
26
29
GS Engineering & Construction, Seoul, S. Korea
27
25
China Nat’l Machinery Industry Corp., Beijing, China
28
27
JGC Corp., Yokohama, Japan
29
33
CIMIC Group Ltd., St. Leonards, NSW, Australia
30
34
Salini Impregilo SpA, Milan, Italy
31
31
OHL, Madrid, Spain
32
38
Tecnicas Reunidas, Madrid, Spain
33
35
Lend Lease, Millers Point, NSW, Australia
34
30
Daelim Industrial Co. Ltd., Seoul, S. Korea
35
45
Obayashi Corp., Tokyo, Japan
36
37
Kiewit Corp., Omaha, Neb., U.S.A.
37
53
Renaissance Construction, Ankara, Turkey
38
190
McConnell Dowell Corp. Ltd., Hawthorn West, VIC, Australia
39
44
Chiyoda Corp., Yokohama, Kanagawa Pref., Japan
40
67
Orascom Construction Ltd., Dubai, Egypt
41
42
EIFFAGE, Vélizy-Villacoublay, France
42
43
SK Engineering & Construction, Seoul, S. Korea
43
49
Daewoo Engineering & Construction Co. Ltd., Seoul, S. Korea
44
51
China Gezhouba Group Co. Ltd., Wuhan City, Hubei Prov., China
45
40
KBR, Houston, Texas, U.S.A.
46
**
Jan De Nul Group, Capellen, Luxembourg
47
71
China Civil Engineering Construction Corp., Beijing, China
48
48
M+W Group, Stuttgart, Germany
49
68
China Metallurgical Group Corp., Beijing, China
50
50
Danieli & C. OM SpA, Buttrio (UD), Italy
51
56
Jacobs, Pasadena, Calif., U.S.A.
52
46
CITIC Construction Co. Ltd., Beijing, China
53
54
Kajima Corp., Tokyo, Japan
54
59
Mota-Engil, Porto, Portugal
55
62
Astaldi SpA, Rome, Italy
56
65
WorleyParsons, North Sydney, NSW, Australia
57
47
Larsen & Toubro Ltd., Mumbai, Maharashtra, India
58
39
China Railway Construction Corp. Ltd., Beijing, China
59
57
POSCO Engineering & Construction(Strategic Planning Dept.), Incheon, S. Korea
60
70
Toyo Engineering Corp., Narashino, Chiba, Japan
61
60
ACCIONA Infraestructuras SA, Madrid, Spain
62
85
Polimeks Insaat Taahhut ve San. Tic. AS, Istanbul, Turkey
63
41
Isolux Corsan, Madrid, Spain
64
63
China Petroleum Pipeline Bureau (CPP), Langfang City, Hebei, China
65
52
Enka Construction & Industry Co. Inc., Istanbul, Turkey
66
76
China Petroleum Engineering & Const. (Group) Corp., Beijing, China
67
**
AECOM, Los Angeles, Calif., U.S.A.
68
100
SNC-Lavalin International Inc., Montreal, Quebec, Canada
69
66
Van Oord, Rotterdam, The Netherlands
70
72
PORR AG, Vienna, Austria
71
61
Sacyr , Madrid, Spain
72
79
Dongfang Electric Corp., Chengdu, Sichuan, China
73
69
BESIX SA, Brussels, Belgium
74
84
China Int’l Water & Electric Corp., Beijing, China
75
75
Shimizu Corp., Chuo-ku, Japan
76
82
China National Chemical Engineering Group Corp., Beijing, China
77
87
Takenaka Corp., Osaka, Japan
78
73
Hanwha Engineering & Construction Corp., Seoul, S. Korea
79
81
Joannou & Paraskevaides Group of Cos., Guernsey, Saudi Arabia
80
78
Maire Tecnimont, Milan, Italy
81
98
Qingjian Group Co. Ltd., Qingdao, Shandong, China
82
83
TAV Construction, Istanbul, Turkey
83
77
Andrade Gutierrez Engenharia SA, Rio de Janeiro, Brazil
84
88
Sinopec Engineering (Group) Co. Ltd., Beijing, China
85
105
The Arab Contractors Co., Cairo, Egypt
86
93
CGCOC Group Co. Ltd. (formerly CGC Overseas Construction Group Co. Ltd.), Beijing, China
87
97
Penta-Ocean Construction Co. Ltd., Tokyo, Japan
88
86
Ed. Züblin AG, Stuttgart, Baden-Württemberg, Germany
89
157
Calik Enerji Saanayi ve Ticaret AS, Ankara, Turkey
90
101
Tekfen Construction & Installation Co. Inc., Istanbul, Turkey
91
64
Shanghai Electric Group Co. Ltd., Shanghai, China
92
107
Ant Yapi Construction, Industry & Trade Co. Ltd., Istanbul, Turkey
93
90
China General Technology (Group) Holding Ltd., Beijing, China
94
96
Condotte SpA, Rome, Italy
95
99
Arabian Construction Co., Abu Dhabi, U.A.E.
96
95
COMSA EMTE, Barcelona, Catalonia, Spain
97
106
BAUER AG, Schrobenhausen, Bavaria, Germany
98
123
Shapoorji Pallonji Engineering & Construction, Dubai, U.A.E.
99
118
Kayson, Tehran, Iran
100
129
Shanghai Construction Group, Shanghai, China

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