Bando Construction Holds Meeting with Partners to Overcome Crisis in Construction Industry

Bando Construction announced on the 7th that it held the ‘2023 First Half Partner Meeting’ to communicate with its partners regarding current issues in the construction industry and overcoming crises through ESG win-win management.

The meeting was held twice, on the 28th of last month at Parkruan in Yeoksam-dong, Gangnam-gu, Seoul, and on the 3rd of this month at Bora Country Club in Samdong-myeon, Ulju-gun, Ulsan. Lee Jeong-ryeol, Head of the Construction Division at Bando Construction, along with executives and employees, and representatives from about 50 partner companies attended to discuss topics such as ‘co-growth through ESG win-win management and establishment of a safety and health culture.’

Bando Construction '2023 First Half Partner Meeting' and 'Best Partner Award Ceremony'

Bando Construction listened to the difficulties faced by partner company representatives regarding recent issues in the construction industry such as rising raw material prices, high exchange rates, and safety accidents, and sought solutions together. They also explained ▲co-growth with partners and ESG management ▲quality control and sharing of major defect cases ▲prevention of serious accidents and safety incidents, requesting active cooperation from the partners.

Following the meeting, an ‘Outstanding Partner Award Ceremony’ was held to recognize eight excellent partner companies that supported Bando Construction’s nationwide sites throughout 2022. Selected partners will receive benefits such as expanded bidding opportunities, relaxation of contract performance guarantees, and preferential contracts.

Lee Jeong-ryeol, Head of the Construction Division at Bando Construction, said, “In a situation where the construction market is sluggish, communication and cooperation between Bando Construction and its partners are more important than ever,” adding, “We will seek various support measures to overcome the crisis together through ESG win-win management with our partners.”

Jung Bok-gi, CEO of Yulim Waterproofing, a partner company of Bando Construction, responded, “We appreciate Bando Construction’s efforts to listen carefully to the difficulties of partners and actively reflect them,” and added, “Partners will also actively cooperate in establishing a safety and health culture, defect and quality management, to enhance the competitiveness of ‘Bando Yubora.’”

This content was produced with the assistance of AI translation services.