South Korean energy, infrastructure and construction companies are enjoying strong trade within the Middle East due in large part to their focus on local training.
The Financial Times reports that high oil prices have helped to keep investment in new infrastructure and energy projects in the region at a high level, and South Korea has been keen to capitalise on this.
According to figures from the Middle East Economic Digest, South Korean companies won a total of $36 billion worth of construction and infrastructure projects – equivalent to a quarter of all available projects – on top of lucrative nuclear, oil and gas deals.
Charlotte Lee, a spokesperson for Samsung Engineering, said that the company's commitment to local training and development initiatives has been key to winning contracts in the region.
Samsung Engineering won considerable acclaim for its part in building the Burj Khalifa in Dubai, which at 816 metres tall is the tallest building in the world.
Oil and Gas Directory: Training and Development