For clean subtract transaction, Hyundai E&C uses a standard subcontract agreement and follows the top 4 compliance practices in subcontract transaction established and revised by FTC. We also protect the rights and interests of our partner companies by continuously conducting activities which increase the awareness of applicable employees in HQ and construction sites in observing the subcontract act.
Desirable items in signing agreement to practice for mutual cooperation between conglomerate and micro enterprises
Items to practice in selecting (registering) a partner company fairly
Items to practice for the installation and operation of internal deliberation committee concerning subcontract transaction
Items to practice related issue and preservation of a desirable written document in subcontract transaction
By operating the HDEC Institute of Technology & Education, the only training institute of its kind in the construction industry, Hyundai E&C has fostered global talents in on-site construction technology. We also have hosted the Partner Job Fair since 2018 to enable mid-size and small partner companies to hire talented personnel.
As a pioneer in overseas construction projects, Hyundai E&C has shared its decades of accumulated knowhow on overseas site management and tips on overseas market entry with its partner companies by pre-emptively identifying their needs and developing and running a variety of programs customized to their needs to help them diversify their profit structures and increase revenue.