Strengthening Partnership for Mutual Growth with 866 Partner Companies
Kyeryong Construction announced that it has received an "Excellent" rating in the 2023 Win-Win Growth Index assessment recently released by the Win-Win Growth Committee.
The Win-Win Growth Index is an indicator introduced to promote a culture of mutual cooperation between large corporations and small and medium-sized enterprises. Companies that receive "Best" or "Excellent" ratings in the previous year's evaluation are granted incentives such as exemption from ex officio investigations by the Fair Trade Commission.
This year, Kyeryong Construction has been strengthening its win-win partnership with 866 partner companies based on trust and communication, while practicing fair trade and mutual growth management.
The company has expedited subcontract payment dates, applied the Fair Trade Commission's standard contracts, supported the growth of partner companies by helping boost their sales, and provided recommendations and rewards to aid their development.
In addition, Kyeryong Construction actively implements fair trade business processing regulations and operates an ethics management system aligned with global standards.
Thanks to these efforts, Kyeryong Construction has achieved an "Excellent" rating in the Win-Win Growth Index for six consecutive years, and last year received its first "Best" rating in the Fair Trade Agreement Evaluation. The company has also been selected as a "Best" company for five consecutive years in the mutual cooperation evaluation among construction businesses conducted annually by the Ministry of Land, Infrastructure and Transport.
A Kyeryong Construction representative stated, "Win-win growth through cooperation with our partners is an important value for sustainable management," adding, "We will continue to strive for the advancement of win-win management so that we can achieve sustainable growth together with our partners and stakeholders."
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