Kim Kibyeong, Chairman of Lotte Tour Development, Receives 'Sadanbeobin Sangwoohoe Frontier Award'

Kim Ki-byeong, Chairman of Lotte Tour Development (center)

[Asia Economy Reporter Donghyun Choi] Lotte Tour Development announced on the 3rd that Chairman Kim Gibyung received the 'Frontier Award' from the Sangwoo Association on the 31st of last month.

The Sangwoo Association is a corporation established in 1983 for the friendship and welfare enhancement of retired public officials from the former Ministry of Commerce and Industry. Every year, it awards the 'Frontier Award' to individuals who have contributed to national development by pioneering new fields after their public service. Chairman Kim began his career as an administrative officer at the Ministry of the Interior in 1963, served as the head of the Trade Bureau and the Corporate Guidance Bureau at the Ministry of Commerce and Industry in 1967, as well as the Planning and Management Officer at the Industrial Complex Management Office, and retired in 1973.

In this award, Chairman Kim was recognized for his contributions to the development of the domestic travel industry over the past 49 years through tourism business, his 11 years of operating cruise charters, managing downtown duty-free shops, and his involvement in various fields including the Korea-China joint venture urban-type Jeju Dream Tower complex resort development project. He was also positively evaluated for his efforts in fostering female talent at Mirim Girls' High School and Mirim Girls' Information Science High School.

Chairman Kim said, "I am proud that the tourism industry, which no one paid attention to 49 years ago, has been able to contribute to national prestige and foreign currency earnings as a future national strategic industry. I will continue to strive for economic innovation and national development."

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