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Construction companies in South Korea have received overseas contracts for 37 billion dollars

Construction companies in South Korea have received overseas orders in excess of 37 billion dollars for the first half of 2014, reports news agency RUSCOR. The indicator by 22% exceeds last year's results for the same period.

A significant role in this volume was played by the company's project Hyundai Engineering and Construction, which signed a deal with Venezuela for 4,84 billion dollars and, in a consortium with Chinese company Wilson Engineering, is upgrading the capacity of an oil refinery in Puerto La Cruz.

Experts predict an increase in the annual volume of foreign contracts of South Korean builders to 70 billion dollars.

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