Hoban Construction Achieves 'Excellent' Grade in Win-Win Growth Index for 8 Consecutive Years

Continued Win-Win Cooperation Including Support for Partner Companies' Business Stability Funds

Hoban Construction announced on the 8th that it received an 'Excellent' rating in the 2023 Win-Win Growth Index evaluation in recognition of its efforts for mutual growth and co-prosperity with its partner companies.

The Win-Win Growth Index is an indicator introduced to promote a culture of mutual cooperation between large enterprises and small and medium-sized enterprises (SMEs). Every year, the Win-Win Growth Committee evaluates and publishes the level of win-win growth for each large company. Hoban Construction has maintained an 'Excellent' or higher rating in the Win-Win Growth Index every year since 2017.

Companies that receive 'Highest Excellence' and 'Excellent' ratings are granted incentives such as exemption from the Fair Trade Commission's ex officio investigations (excluding technology misuse), exemption from the Ministry of SMEs and Startups' consignment transaction surveys (every other year), and additional points in the Public Procurement Service's pre-qualification for public bidding (PQ).

Hoban Construction supports its partner companies through various programs. Every year, it presents plaques of appreciation and prize money to outstanding partners, provides emergency management stabilization funds, and offers future talent development education programs. Practical support measures such as open innovation activities for technical support to partners, welfare benefits like holiday gift sets, and monthly cash payments for construction fees received high evaluations.

Hoban Construction was the first in the construction industry to sign an agreement with the Win-Win Growth Committee for the 'Partner Company ESG Support Project' to support the ESG efforts of its partners, and over the past seven years, it has contributed a total of 94.4 billion KRW to the Large and Small Business Win-Win Cooperation Fund.

A Hoban Construction official stated, "The reason we have been able to sustain growth for 35 years is because mutual growth and cooperation with our partner companies have been the foundation," adding, "We will continue to actively pursue various activities for win-win growth with our partners."

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