2023-09-25 03:36
No. of construction companies closing businesses doubles amid weak market
[Photo by Lee Seung-hwan] Lee Seok-hee, Shin Chan-ok and Chang Iou-chungThe number of construction companies that went out of business this year has nearly doubled from a year ago, reaching its highest level since 2006, amid the sluggish property market.According to data from the Ministry of Land, Infrastructure, and Transport, 405 comprehensive construction companies filed for bankruptcy this year as of Sunday. The figure shows that 1.5 companies closed their businesses on a daily average.It is the highest figure since 2006 when 435 companies reported closures during the same period, and it is about twice as high as 211 companies that reported closures last year.

https://n.news.naver.com/mnews/article/009/0005191420?sid=104

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