- Striving to improve the competitiveness of the domestic construction equipment industry
Vice-Chairman Seung-Cheol Choi was reelected as the 8th Chairman at the 16th KOCEMA general meeting on March 30, attended by representatives, executives and staff members of member companies.
In his inauguration speech, Vice-President Choi said that he will “make our nation's construction equipment industry more globally competitive by: ▲ establishing win-win cooperative systems through understanding and harmony among member companies ▲ initiating cooperative purchase of steel frames ▲ providing marketing support ▲ reinforcing KOCEMA’s data-collecting capabilities and services.”
- The 16th KOCEMA regular general meeting
“The domestic construction equipment industry's export dependence is close to 80%. Last year’s global economic recession dealt a major blow to the industry and exports decreased by 54% to 3.2 billion KRW,” said Vice-President Seung-Cheol Choi at the KOCEMA regular general meeting held prior to his inauguration. “This year, we must concentrate on improving production costs, quality and technological competitiveness and prepare for possible delays in the recovery of leading markets by pioneering alternative and new markets.