Korea aim to develop infrastructure
projects around the world. South
Korea is known as one of Four Asian Tigers,
whose exceptionally high growth rates and fast industrialization between 1960s
and 1990s developed the nations into advanced and high-income countries. With
"rapid growth largely took place in line with strategic infrastructure
development" Korea
is inspiring other developing countries worldwide.
Korea is excellent in new town
development, water management and traffic administration. Korean infrastructure
builders are recognized widely especially for their construction speed; their
skills also combine advanced information technology with the facilities of the
newly built cities. Through the implementation of the four-river restoration
project, which helped prevent floods and droughts, Korea proved itself in excellence
in water management. Finally, Korea's
skills in transport infrastructure can be looked at with high-speed railways
and international airports that have long been recognized as model examples for
their efficiency. With such high level of skills comes extra demand. Increase
in demand will lead to increase in Korea's income level and eventually
its GDP.
More so than other systems,
Infrastructure needs the government’s active assistance and leadership. Good
news is that the ministry’s target for overseas construction deals this year is
$70 billion, almost five billion increase from the original $64.9 billion. With
such high goal, continued development and promotion of Korea
infrastructure is crucial.
Bibliography:
"Korea to Export Infrastructure Development
Know-how-The Korea
Herald." Korea
to Export Infrastructure Development Know-how-The Korea Herald. N.p., n.d. Web.
07 May 2013.
No comments:
Post a Comment