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Busan Metropolitan City to Host 2026 Busan Construction Companies–Major Construction Firms Partnership Day

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Busan Metropolitan City (Mayor Chun Jae-soo) announced that it will host the 2026 Busan Construction Companies–Major Construction Firms Partnership Day at 2:00 p.m. tomorrow (October 23) at ASTI Hotel Busan.

Now in its sixth year, the event aims to strengthen communication and cooperation between Busan-based construction companies and leading major construction firms in Korea amid challenging conditions, including a prolonged downturn in the construction industry. It also seeks to expand opportunities for local companies to register as partner companies of major construction firms and secure subcontracting contracts.

This year's event will be held under the theme "Stronger Local Subcontracting, a Thriving Busan Construction Industry—Growing Together!" Approximately 100 participants are expected to attend, including representatives from 19 leading major construction firms in Korea and 34 Busan-based specialty construction companies participating in the Busan Construction Industry Capacity Building (Scale-Up) Program.

The 19 participating major construction firms are Samsung C&T Corporation, Hyundai Engineering & Construction Co., Ltd., GS Engineering & Construction Corp., Hyundai Engineering Co., Ltd., Daewoo Engineering & Construction Co., Ltd., DL E&C Co., Ltd., Lotte Engineering & Construction Co., Ltd., POSCO E&C Co., Ltd., SK ecoplant Co., Ltd., HDC Hyundai Development Company, Hanwha Corporation, DL Construction Co., Ltd., Ssangyong Engineering & Construction Co., Ltd., Kolon Global Corporation, Dongbu Corporation, Doosan Engineering & Construction Co., Ltd., Kumho Engineering & Construction Co., Ltd., HL D&I Halla Corporation, and HJ Shipbuilding & Construction Co., Ltd.

The Busan Construction Industry Capacity Building (Scale-Up) Program supports small and medium-sized construction companies in Busan in registering as partner companies of major construction firms. Since its launch in 2018, a total of 210 Busan-based specialty construction companies have participated in the program.

A key feature of this year's event will be the operation of 20 consultation booths, where Busan-based construction companies and major construction firms will engage in customized one-on-one consultations.

Local companies will present their construction capabilities, technical expertise, and major project achievements, while major construction firms will provide practical information on partner company registration requirements and procedures for participating in construction projects. Through these consultations, the companies will explore concrete opportunities for cooperation.

Busan Metropolitan City expects the event to showcase the outstanding technical expertise and construction capabilities of local companies to major construction firms, create tangible opportunities for cooperation, increase contract awards to local companies, and promote mutual growth.

Busan Metropolitan City plans to continue providing administrative and institutional support to strengthen the competitiveness of local construction companies and establish a foundation for mutually beneficial cooperation with major construction firms.

The city will also support expanded exchanges between companies to increase opportunities for local businesses to participate in construction projects. These efforts will help create synergies by combining the advanced technologies and construction experience of major construction firms with the specialized expertise and on-site capabilities of local companies.

Baek Myeong-gi, Director General of the Urban Infrastructure Bureau of Busan Metropolitan City, said, "At a time when the construction industry is facing difficulties due to high interest rates and rising material costs, mutually beneficial cooperation between major construction firms and local companies is more important than ever to strengthen the competitiveness of Busan's construction industry."

He added, "I hope that major construction firms and Busan-based companies will grow together through mutual trust, ensuring that key projects shaping the future of Busan as a maritime capital translate into new opportunities for the local construction industry."