Ulsan City, Agreement with Ulsan Chapter of Korea Specialty Construction Association

Participation of 9 Organizations and Construction Companies Including Daewoo Construction Co., Ltd.

Ulsan City is launching a policy to revitalize the construction industry by increasing the participation of local construction companies in subcontracting and the employment of local workers.


On the 27th at 2 p.m., Ulsan City announced that it will sign the "Ulsan City Local Construction Industry Revitalization Business Agreement" in the situation room on the 7th floor of the city hall main building.


This business agreement is a key task of the "2023 Local Construction Industry Revitalization Plan," with the main goal of expanding the subcontracting participation rate of local construction companies.


The agreement involves a total of nine organizations and companies, including Ulsan City, the Ulsan Chapter of the Korea Specialty Contractors Association, and construction companies with large construction sites in Ulsan such as Daewoo Engineering & Construction Co., Ltd., Lotte Engineering & Construction Co., Ltd., SK Eco Engineering, HDC Hyundai Development Company, Hoban Construction Co., Ltd., Hanshin Engineering & Construction Co., Ltd., and Samhwan Corporation.


The main contents of the agreement include △ expanding the subcontracting participation rate of local construction companies △ guidance on registration conditions for partner companies and easing registration conditions △ use of materials and equipment produced locally and prioritizing the employment of local workers △ participation in the meeting day event between large corporations and local companies (September), among others.


The companies participating in the agreement are construction companies that have large construction sites in Ulsan, such as apartment complexes with more than 300 households, private construction projects with a total floor area of over 10,000㎡, the Gangdong tourism complex development project, and the construction of a combined heat and power plant.


An official from Ulsan City said, "This is the first agreement signed with Korea's leading construction companies that have large private construction sites in Ulsan," and added, "We plan to expand the agreement with private construction project contractors and others."



Ulsan City established and has been implementing the "2023 Local Construction Industry Revitalization Plan" since January, which includes 20 detailed action tasks across four areas to revitalize the local construction industry.

Ulsan City Hall.

Ulsan City Hall.

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