KSIC F—Construction
Section · Korean Standard Industrial Classification (Rev. 11 (2024))
Where F sits
- F Construction
Contains 2 narrower codes
Description
1. Overview Industrial activities performed under contract or self-accounts, such as ground work including blasting, trial excavation, digging, and leveling for ground preparation; the new construction and installation of various buildings and structures on construction sites; and the expansion, reconstruction, renovation, repair, maintenance, and demolition of structures; this includes activities involving the installation of temporary buildings, prefabricated buildings, and structures. Such construction activities are carried out by contractors, self-employed contractors, general contractors, or specialized contractors. Even if construction activities are not performed directly, if a contractor assumes overall responsibility for a construction project and manages the entire project by awarding contracts or subcontracts for specific sectors, it is also considered a construction activity. Overall responsibility for a construction project and the activity of managing the entire project refer to cases where a contractor takes overall responsibility for and manages aspects related to the construction project, such as manpower, materials, equipment, funds, construction, quality, and safety management.
Cross-references for F
- A. Activities involving the planting and maintenance of landscaping trees for the creation of parks and gardens (74300)
- B. Exploratory drilling and construction activities directly related to the extraction of crude oil and natural gas under contract (08000)
- C. In cases where a business entity primarily engaged in the manufacturing or sale of prefabricated building components, structures, and machinery and equipment for building installations directly assembles or installs them, it is classified as a manufacturing or sales business according to its primary activity; however, if a specific department specializing solely in installation can be identified as an independent business entity, it is classified as a construction business.
- D. In cases where architectural design, supervision, planning, surveys, surveying, and other architectural engineering-related services are provided, it is classified under "72 Architectural Technology, Engineering and Other Scientific and Technological Services"; however, if a business entity directly performing construction activities directly designs the building to be constructed,
- It is classified as a construction business according to its primary activity. F. In cases where a building or real estate (farmland, factory sites, mining sites, etc.) is developed, sold, leased, or distributed by contracting the entire construction project to a construction contractor without directly performing construction activities (681)