Chairman Park Yong-man: "Success Stories of Entrepreneurs, the Source of Hope for Korea's Economy"

KCCI '47th Commerce Day' Ceremony
236 Businesspeople and Workers Awarded for Contributions to National Economic Development

Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry, holds an emergency press conference on COVID-19 at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul on the 9th. At this event, Chairman Park said, "Please proactively expand the supplementary budget for COVID-19." Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Dongwoo Lee] Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry, urged businesspeople to overcome the novel coronavirus disease (COVID-19) crisis together.

At the '47th Commerce Day' ceremony held on the afternoon of the 18th at the Chamber of Commerce building in Jung-gu, Seoul, Chairman Park said, "Amid difficulties, while businesspeople are making every effort to keep factories running, they are also taking the lead in providing damage support and quarantine facilities, giving us hope."

Chairman Park added, "The success stories of our businesspeople have been a source of hope for the Korean economy regardless of circumstances. Even last year, despite the difficulties caused by the US-China trade conflict and overlapping Japanese export restrictions, we are turning this into an opportunity to enhance competitiveness in materials and components."

Minister Sung Yoon-mo also encouraged in his congratulatory speech, "The challenges and tasks facing our economy are not easy, but businesspeople have overcome crises with their unique resilience in the past. Please continue to actively demonstrate entrepreneurial spirit to lead innovation and growth."

At the ceremony, the Korea Chamber of Commerce and Industry awarded medals, industrial decorations, and presidential citations to 236 businesspeople and workers who contributed to national economic development.

Lee Dong-chae, CEO of EcoPro Co., Ltd., Lee Sang-won, CEO of Sanga Frontec Co., Ltd., and Geum Chun-su, Vice Chairman of Hanwha Co., Ltd., received the highest honor, the Gold Tower Industrial Order of Merit. The Silver Tower Industrial Order of Merit was awarded to Lee Yong-woo, Vice President of Hyundai Motor Company, and Seo Jung-ho, CEO of Ajin Industry Co., Ltd. Lee Dong-chae, CEO of EcoPro Co., Ltd., was recognized for his contribution to enhancing the competitiveness of the materials industry by domesticating cathode materials, a core material for electric vehicle batteries, and catalysts for removing air pollutants.

The Bronze Tower Industrial Order of Merit went to Park Kyung-hwan, Vice President of SK Energy Co., Ltd., and Lee Geum-ok, CEO of Chosun Refractories Co., Ltd. The Iron Tower Industrial Order of Merit was awarded to Woo Seok-min, Chairman of Myungmoon Pharmaceutical Co., Ltd., and the Stone Tower Industrial Order of Merit was given to Lee Jung-seok, CEO of Wooribyeol Co., Ltd., and Jeon Byung-chan, CEO of Everdime Co., Ltd.

The Commerce Day ceremony hosted by the Korea Chamber of Commerce and Industry is the most prestigious economic awards ceremony held annually on the third Wednesday of March to honor the efforts of businesspeople who contributed to economic development and to pledge the advancement of commerce and industry. This year, due to the impact of COVID-19, about 20 people including Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry, Minister Sung Yoon-mo of the Ministry of Trade, Industry and Energy, and awardees attended.

This content was produced with the assistance of AI translation services.