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Article: CONSTRUCTION EQUIPMENT SALES FALL IN S. KOREA.
- Article from:
- AsiaPulse News
- Article date:
- November 24, 2004
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SEOUL, Nov 24 Asia Pulse - Sales of construction equipment fell to a record low for the year in September as the construction sector remains in the doldrums, a trade group said Wednesday.
Domestic sales of construction equipment dropped 3.5 per cent from the previous month to 1,275 units in September, marking the sixth consecutive month of decline, the Korea Construction Equipment Manufacturers Association (KOCEMA) said.
Construction investment, which significantly helped expand the
country's economy last year, dropped drastically following a series of government measures to curtail ...