To obtain an aqueous contact adhesive composition which is an aqueous system having a high drying rate and capable of increasing the resin content having an excellent adhesive strength in a semidried state without damaging the environment and without any risk of a fire and to provide a method for producing the aqueous contact adhesive composition.

This aqueous contact adhesive composition comprises an aqueous emulsion containing (A) and alkyl acrylate resin having ≤0°C glass transition temperature, (B) a urethane resin and (C) a tackifier having 70-180°C softening point and is obtained by including the component (B) in an amount of 2-30 pts.wt. and the component (C) in an amount of 1-30 pts. wt. based on 100 pts.wt. of the component (A).