TY  - JOUR
T1  - Competences Assessment on Construction Companies in Respect to ECDF
AU - Kim, Hwa Rang AU - Jang, Hyoun Seung AU - Kim, Do Yeob 
JO  - Journal of Engineering and Applied Sciences
VL  - 14
IS  - 11
SP  - 3601
EP  - 3610
PY  - 2019
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2019.3601.3610
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2019.3601.3610
KW  - Importance Performance Analysis (IPA)
KW  -Focus Group Interview (FGI)
KW  -Official Development Assistance (ODA)
KW  -competenciesrequiring
KW  -relationship
KW  -Economic Development Cooperation Fund (EDCF)
AB  - Korea’s overseas construction contract value has declined due to the changes in the global
construction market. As such, Korean construction companies are increasingly utilizing concessional loan in
order to enter the overseas market. Also, EDCF funding by the Korean government is also consistently
increasing. Furthermore, corporate participation in the related project is projected to rise as a result of increased
financial support for economic/social infrastructure facilities to achieve SDGs. In this study, advice on acquiring
competency in entering the global market through EDCF program for Korean construction companies is
suggested based on research data. Literature review and Focus Group Interview (FGI) targeting relevant
professionals were used to derive 49 core competencies for the ECDF program. After surveying EDCF
professionals based on the derived competencies, Importance Performance Analysis (IPA) and GAP analysis
were applied to the surveyed data. Highly assessed competencies were construction quality control,
relationship building through high-level diplomatic activities and project management. Competencies requiring
urgent improvement were handling risks of local countries, financing projects and developing know-how within
participating companies.
ER  -