Kolon Global has been awarded the highest rating in the Ministry of Land, Infrastructure and Transport's cooperation evaluation for construction companies for the second consecutive year.
On July 3, Kolon Global announced that it received a score of over 95 in the "2026 Cooperation Evaluation for Construction Companies" conducted by the ministry.
The cooperation evaluation aims to strengthen collaborative relationships among general contractors, specialized construction firms, and large and small construction businesses. The ministry evaluates companies with a construction capacity of over 500 billion won based on their joint contracting and subcontracting performance, support for partner companies, and reputation.
The evaluation results are categorized into five grades: excellent, good, fair, average, and insufficient, with a score of 95 or above required for the top grade of excellent.
After receiving the excellent rating for the first time last year, Kolon Global has maintained this top grade, recognizing its efforts for co-prosperity with partner companies.
In May, the company participated in a "Cooperation and Fair Trade Agreement for the Construction Industry" organized by the Fair Trade Commission as a member of the general construction industry, signing the agreement. Recently, amid rising raw material prices due to external supply chain disruptions, including conflicts in the Middle East, Kolon Global has swiftly adjusted delivery prices to alleviate the financial burden on its partners.
With this excellent rating, Kolon Global will receive incentives for one year starting this month, including pre-qualification points for public bids with the Public Procurement Service and local governments, additional points in construction capacity evaluations, and reductions in penalties under the Construction Industry Basic Act.
In the context of fluctuating raw material prices and increasing construction costs, adjusting delivery prices and establishing a co-prosperity system with partners are seen as crucial factors for the stability of construction sites and the quality of projects.
A Kolon Global representative stated, "Receiving the excellent rating for two consecutive years is a result of the trust built with our partners. We will continue to communicate with them and strive for co-prosperity and collaborative efforts going forward."
* This article has been translated by AI.
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