Korea Tenders

South Korea is classified as a high income economy by the World Bank and an advanced economy by the IMF and CIA. Its capital, Seoul, is a major global city and a leading international financial centre in Asia. An extremely competitive education system and a highly skilled and motivated workforce are two key factors driving this knowledge economy that has the world's highest scientific literacy and second highest mathematical literacy. It boasts the world's highest broadband internet access per capita. South Korea's economy relies heavily on exports and it is among the world's top exporters. It is home to many well known global conglomerates such as Samsung, Hyundai-Kia, LG and SK. In 2007, the Hyundai Kia Automotive Group became Asia's second largest car company and one of the top five automakers in the world. The Korea tenders and RFP's from construction industries are in great demand in Korea.