摘要 | ��
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1. Research Purpose
While energy facilities Industry's growth in Korea turn to be slower due to lower demand of energy facilities, world energy facilities market is growing sharply due to higher demand of energy facilities from BRICS, Middle East, Central Asia and Africa regions. Besides, 10 trillion dollars of new investment is planned at global electricity market by 2030. The Middle East countries whose oil and gas exports still cover a large proportion of the national income accounts have been developing oil and gas projects. Corresponding to climate change and environment issues on energy industry, may countries is paying attention to use green energy like LNG, Nuclear and New-Renewable energy, etc. Considering such domestic and international situation affected on energy facility market, it is necessary for Korea's energy facilities industry to set up strategies to expand overseas advancement in world market. Accordingly, this research classifies developing world energy facilities market into five areas such as East-Asia, Middle East, Central Asia, Africa and Latin America and then will present strategies to expand advancement of Korea energy facilities industry to each area during next 3 years. As staring year, this year focus on Middle East and East-Asia areas. From the analysis of energy facilities demand outlook, law and government policy, obstacles and risk factors on domestic market in major countries in each area, this study is to show promising fields and to provide successful advancement strategies for Korean overseas energy facilities industry.
2. Summary
In the first half of 2009, due to global economic crisis and a drop in oil prices, most oil and Gas projects in Middle East Area had been cancelled and delayed. It gave a big negative impact on overall Korea energy facilities export situation, but this situation was getting better in 2nd half in 2009, mainly due to higher oil price and increasing in investment of oil and gas projects from the Middle East Gulf Cooperation Council (GCC) countries In next few years in Middle East, especially at Saudi Arabia, and UAE, the persistence of energy facilities industry appears to be continuous with expanding in foreign and private funds. Many oil and gas producing facilities are expected to be built in the Middle East areas by a developer rather than a contractor. It indicates that Korea firms should improve relationship with the developers in order to more bids made for energy facilities construction. Meanwhile, at the East-Asia areas, large-scale infrastructure projects, especially Power supply system is likely to grow, due to unstable power supply caused by continuous energy demand.
A demand of energy facilities in two areas is expected to be increasing at following energy sectors: At power generation sector, gas generation facilities would be needed more for Middle East countries to run desalination facilities, meanwhile, hydroelectric power generation facilities would need more for East-Asia countries to response of low electrification ratio and growing power demand. Also, Thailand, Vietnam and Indonesia are considering introducing nuclear power facilities. At Renewable energy sectors, East Asia has appropriate conditions and resources with government's awareness and support for renewable energy business. Indonesia has tremendous biomass potential from large scale Palm farm. Vietnam and Thailand have wind and biogas potential, respectively. At Oil & gas sectors, all two areas need to expand refining facilities and upgrade aging facilities. Regardless of circumstance in and out of the areas, investment in this sector is expected to continue to be performed.
In order to assess the circumstance of advancement for Korea energy facilities firms to each area, selected countries in each area are examined. As our biggest exporter for energy facilities, the Middle East countries have a big potential to sharply increase in new energy facilities due to hydrocarbon resources export and recent economic stimulus package. However, the energy facilities market in the Middle East is becoming highly competitive due to strong market power of leading international firm and emerging firms from Southeast Asia and China with low price strategy. Also the domestic firm protection policy prevents Korean firms from advancing into the country. East Asian countries need more energy facilities due to continuous expanding on energy infrastructure investments. However, political uncertainty and non-organized institution and market preemption by Japanese and Chinese companies are a negative factor for our companies to advance the area.
Therefore, considering such advancement potential and restriction factors, this study presents promising field and strategies for advancement of Korea firms into the areas as follows. Utility firms should pursue co-advancement with green and environment-friendly business. To do this, it needs joint venture with a consortium between power generation and green business companies or a joint export strategy. The enhancement of exports opportunities for nuclear facilities can be realized by emphasizing advertising Korean excellent nuclear operation and construction skills to countries actively considering embarking upon nuclear power programs Also nuclear diplomacy can be needed by running program like inviting foreign officials who is under nuclear program, technical training on nuclear operation skills and sharing Korea's economic growth model For advancing into oil and gas sector, Korean firms need to reinforce relationship with the client or developers of energy facilities' construction and enhance expertise on high-value business like LNG liquefaction plant construction skills. At Last, for advancing renewable business in two areas, Korean firms need to advance into large-scale green new town with new&renewable energy in Middle East countries by joint with business like education, health care. In order to advance into East Asian countries, Korean firms should consider business model associated with CDM
3. Research Results and Policy Suggestions
A large scale power supply is needed in Middle East and East Asia countries caused by continued industrialization and sustainable economic growth of the areas. Corresponding to climate change issues, the countries seek to clean energy development through environment friendly energy usage and green industries such as renewable energy and CDM projects which are becoming a chance to advance for Korean energy facilities firms. But it is necessary to identify clearly local factors, regional differences and potential opportunities of each country in two areas.
In order to expand advancement of energy facilities market and strengthen the competitiveness in the Middle East and East Asia countries, Korea firms should secure key technologies on high-value facilities. However, in spite of setting on policy roadmap to support securing independent technologies in the fields of liquefaction plant, nuclear power plants, GTL / CTL sectors, the execution of the policy has been delayed due to insufficient fund and other reasons. Also, Korea firms should focus on expanding contract made through cooperation program with a contractor or a developer by hiring top intelligent local agent.
For overseas expansion of the energy equipment industry, the roles of Korean government are as follows: at first, national establishment of training and management systems to raise local staff and agents for Korea firms is required Second, the unified and integrated energy plant consultative body is required to configure government support for overseas expansion of energy facilities business and to adjust over-bidding on overseas plant contract. Third, energy plant export assistance center which is now in India and UAE should be more to strengthen the national level support. Fourth, Korean government need to seek new FTA with a series of middle east countries to mitigate institutional issue like licensing of foreign firms and to enhance competitiveness in the local market.
241 pages, 45 refs., 76 tabs., 18 Figs., Language: Korean |