Domestic builders secured construction orders worth 343.8 trillion won (260 billion U.S. dollars) in 2022, up 9.2 percent from the previous year, according to Statistics Korea.
Construction orders at home increased 9.8 percent to 306.6 trillion won (231.8 billion dollars) last year while overseas orders gained 4.4 percent to 37.2 trillion won (28.1 billion dollars).
The value of completed construction stood at 344.4 trillion won (260.1 billion dollars) in 2022, up 12.0 percent from a year earlier.
Locally completed construction expanded 10.9 percent, while completed construction outside South Korea advanced 22.7 percent to 32.6 trillion won (24.7 billion dollars).
The number of local builders added 2.0 percent over the year to 87,239 in 2022.
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