The 10 largest construction companies have accumulated 17 trillion won in receivables...Hyundai Engineering & Construction up 49%

The amount of money that the nation's top 10 construction companies did not receive even after construction at home and abroad exceeded 17 trillion won as of the third quarter.

As of the third quarter, nine of the top 10 construction companies in Korea's construction capability evaluation who clearly disclosed their outstanding items reached 17.637 trillion won.

This is a 4.2% increase from the end of last year.

Hyundai Engineering & Construction has the largest amount of receivables, with the combined amount of receivables for construction and sales reaching KRW 5 trillion, up 49% from the end of last year.

Daewoo Engineering & Construction and Hyundai Engineering also had accounts receivable of KRW 2 trillion, including construction and sales receivables.

Construction companies say that most of the receivables are agreed to receive and that the more construction orders there are, the more the structure is bound to increase, so it is not a big problem right now.

Park Chul-han, a researcher at the Korea Institute of Construction and Industry, said, "It would be a problem if we could not pay for the construction due to the increase in receivables or the economic crisis, but it is not a stage where there is a signal that it is difficult because there is a lot of construction sales this year."