Certified
Daewoo Engineering & Construction (E&C) has received a certification for the ISO 22301 standard for business continuity for the first time in the construction industry on Oct. 15.
ISO 22301 is an international standard for crisis management and business continuity, which are recently the most talked about in the world. It is also an international certification that the International Organization for Standardization (ISO) establishes the standards for business management systems in order to restore the core business as soon as possible, when a company cannot continue the operation due to disasters, terrorists, or regional conflicts.
British Standard Institution (BSI) gives the approval after certification and evaluation.
Daewoo E&C has been making efforts to take the leading role in entering global markets such as Nigeria, Libya, and Algeria, and to secure the overseas business management system to continuously carry out its business. Obtaining a certification for the ISO 22301 international standard on crisis management, the company’s efforts have become globally recognized. Also, the company has set a foundation to expand its overseas business capability with the first certification in the construction industry.
Chang Young-jin, managing director at Daewoo E&C, said, “As more and more domestic construction companies are expected to tap into the global market in the future, the importance of such international standards will grow bigger and bigger. Overseas ordering organizations are checking thoroughly from the bidding stage to security-related measures. We hope to continuously play the leading role in overseas businesses.”