In 2021, Samsung C&T (Construction and Trading) was ranked as the leading South Korean construction company by estimated construction capability. The government’s annual construction capability evaluation measures a company’s performance based on construction contracts, business management, technical capabilities, and brand credibility. Based on this year’s evaluation, Samsung’s building capacity was measured as approximately 22.56 trillion South Korean won, nearly double that of second-ranking Hyundai E&C, and more than double that of third-ranking GS E&C. Samsung, Hyundai, GS E&C, POSCO E&C, and Daewoo E&C are considered Korea’s leading five construction companies.
Major Korean construction companies
Samsung C&T’s estimated capacity was far greater than that of any other Korean construction company. It is not just a construction company, but is also involved in trade, food distribution, resorts and more, in contrast to the other Big 5 companies. Construction was Samsung C&T’s second-most profitable business sector in 2020, posting around 11.7 trillion South Korean won worth of sales in 2020, with a total of over 30 trillion won in profits from all sectors. Samsung C&T is also the company that built the Burj Khalifa skyscraper in Dubai, currently the tallest building in the world. The sales revenue of Hyundai E&C in 2020 was much lower, but unlike Samsung, Hyundai’s E&C sales came from only engineering and construction work. GS E&C’s sales in 2020 was closer to the sales revenue of Samsung C&T, and was derived mostly from construction & housing.
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Ministry of Land, Infrastructure and Transport (South Korea). (July 29, 2021). Leading construction companies in South Korea in 2021, by estimated building capacity (in trillion South Korean won) [Graph]. In Statista. Retrieved January 18, 2022, from https://www.statista.com/statistics/1072902/south-korea-top-10-construction-companies-by-building-capacity/
Ministry of Land, Infrastructure and Transport (South Korea). "Leading construction companies in South Korea in 2021, by estimated building capacity (in trillion South Korean won)." Chart. July 29, 2021. Statista. Accessed January 18, 2022. https://www.statista.com/statistics/1072902/south-korea-top-10-construction-companies-by-building-capacity/
Ministry of Land, Infrastructure and Transport (South Korea). (2021). Leading construction companies in South Korea in 2021, by estimated building capacity (in trillion South Korean won). Statista. Statista Inc.. Accessed: January 18, 2022. https://www.statista.com/statistics/1072902/south-korea-top-10-construction-companies-by-building-capacity/
Ministry of Land, Infrastructure and Transport (South Korea). "Leading Construction Companies in South Korea in 2021, by Estimated Building Capacity (in Trillion South Korean Won)." Statista, Statista Inc., 29 Jul 2021, https://www.statista.com/statistics/1072902/south-korea-top-10-construction-companies-by-building-capacity/
Ministry of Land, Infrastructure and Transport (South Korea), Leading construction companies in South Korea in 2021, by estimated building capacity (in trillion South Korean won) Statista, https://www.statista.com/statistics/1072902/south-korea-top-10-construction-companies-by-building-capacity/ (last visited January 18, 2022)
