Korea’s Construction Business Informatization Overview and Future Plans

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DOI: 10.4236/ce.2012.37B003    4,280 Downloads   5,835 Views  

ABSTRACT

South Korea’s construction industry won orders worth USD 58 billion in 2011, and as such, it has achieved a remarkable growth. However, despite such an impressive quantitative growth, value-added quality growth has been very slow. Thus, the Ministry of Land, Transport and Marine Affairs (MLTM) is pushing ahead with the construction informatization initiative (Construction Continuous Acquisition & Life-cycle Support - CALS) in order to systematically manage a wide range of construction information by stage and to enhance the efficiency of construction costs. This study aims to review the country’s construction CALS to explore a construction development direction. 

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Seo, M. and Kim, N. (2012) Korea’s Construction Business Informatization Overview and Future Plans. Creative Education, 3, 14-16. doi: 10.4236/ce.2012.37B003.

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