Improvement measures for the maintenance market through the current status analysis in Korea

The construction market in Korea has developed through the quantitative expansion of economic development over the last decades. However, due to recent trends in the decrease in construction volume and shift of paradigm from construction of new facilities to maintenance of old facilities, the number of buildings aged over 30 years in Korea have accelerated rapidly. After the emergence of a construction trade with specialty on facility maintenance and management, policies and regulations related to the roles of a contractor specialized in facility maintenance and management in Korea was created in 1990. However, due to the uncertainty of the scope of work, there still exists conflictive viewpoints among construction stakeholders – mainly the general and specialty contractors – in the market. Furthermore, whilst the number of contractors licensed for facility maintenance and management work is too large compared to its market size, the contract amount per construction project is continuously decreasing. Therefore, this study identifies the problems related to the market structure in the Korean maintenance market. Also, this study suggests improvement measures for the Korean maintenance market and presents a structure for sustainable construction delivery in Korea. © 2018 The Authors. Published by Diamond Congress Ltd. Peer-review under responsibility of the scientific committee of the Creative Construction Conference 2018.