The land ministry said Friday it will set a road map by September to overhaul the country's construction industry whose structure is outdated and slow to adjust to market trends.
A reform committee for the industry was set to hold its first full meeting later in the day to start discussions on what needs to be changed. The Ministry of Land, Infrastructure and Transport said the goal is to announce competition-boosting measures next month and have a specific reform road map by September.
The construction industry, divided between firms that focus on project bidding and those that execute contracted work, is criticized for lacking cooperation and flexibility.