'Top' rating on fair-trade agreement compliance for 2nd year

Achievements in partner education, co-prosperity fund recognized

HL D&I Halla holds a co-prosperity workshop for partner companies in July. [HL D&I Halla]
HL D&I Halla holds a co-prosperity workshop for partner companies in July. [HL D&I Halla]

HL D&I Halla has received an "excellent" rating on the co-prosperity index for the second consecutive year, in recognition of its collaborative activities with partner companies.

The construction company said Thursday it earned the "excellent" rating again this year, following last year's result, after working to support partner companies and foster a fair business culture.

HL D&I Halla also received a "top" rating for the second consecutive year on the Korea Fair Trade Commission's fair-trade agreement compliance evaluation. The company earned a range of incentives as a result, including a two-year exemption from the commission's ex officio investigations, designation as a model subcontracting company, and additional points in the Public Procurement Service's pre-qualification screening for public tenders.

The co-prosperity index measures the level of mutual cooperation between large corporations and small and medium-sized enterprises. It is published annually by combining the results of the Co-Prosperity Committee's comprehensive co-prosperity evaluation and the Korea Fair Trade Commission's fair-trade agreement compliance evaluation.

The company has pursued a range of initiatives to promote co-prosperity with its partners, including actively adjusting payment terms, contributing to a co-prosperity fund, and providing education and training support for partner company employees. It also conducts internal audits to prevent violations of subcontracting laws and protect partner companies from harm.

In July, the company also received a top rating in the Ministry of Land, Infrastructure and Transport's mutual cooperation evaluation for construction contractors.

Meanwhile, HL D&I Halla plans to supply 228 units of "Gyeonghuigung Epitt" in the Donuimun Zone 2 redevelopment promotion district in Jongno-gu, Seoul. The complex is a new apartment development on the last remaining site of the Donuimun redevelopment project, with 134 units available for general pre-sale.


shy@heraldcorp.com