South Korea’s construction and automobile sector likely to see positive growth in CY’21 – Hyundai

The country’s investment in construction sector may see a slight positive growth this year, supported by government projects such as 3rd New City Plan, Hyundai Steel mentioned in its CY’20 Financial Report. Also, automobile production is expected to grow by 8.5% y-o-y to 3.81 mn units in CY’21 compared to 3.51 mn units in the previous year.