KCCI Supports Low-Income Grandparent-Headed Families on Business Week

Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry, Visits Jongno Comprehensive Social Welfare Center on the 20th
Donates Living Expenses to Grandparent-Grandchild Households Living Together

Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry (second from the left), visited the Jongno Comprehensive Social Welfare Center located in Changsin-dong, Jongno-gu, Seoul on the 20th and delivered a donation.

[Asia Economy Reporter Changhwan Lee] The Korea Chamber of Commerce and Industry (KCCI) announced on the 22nd that it has launched an initiative to support ‘low-income grandparent-headed households,’ a welfare-disadvantaged group, in celebration of Businesspeople's Week.

On the 20th, Park Yong-man, Chairman of KCCI, personally visited the Jongno Comprehensive Social Welfare Center located in Changsin-dong, Jongno-gu, to deliver living expense funds.

KCCI explained, “Due to rapid family breakdown caused by population aging and increasing divorces, there are about 3,000 low-income grandparent-headed households nationwide (around 400 households in Seoul), and these grandparents face difficulties in providing basic living needs such as childcare, education, and medical care for their grandchildren due to lack of working ability. Especially amid the COVID-19 pandemic, private donations have decreased, so we decided to support them with the spirit of overcoming difficulties together.”

Each district chamber of commerce in Seoul also joined this support activity with one heart. In celebration of Businesspeople's Week this year, KCCI held the ‘47th Commerce Day Awards Ceremony’ (3/18) to encourage entrepreneurs who contributed to the national economy and conducted ‘social contribution activities’ (3/17) to help socially vulnerable groups such as single mothers.

A representative of the Jongno Comprehensive Social Welfare Center said, “As the economic situation has worsened due to the COVID-19 pandemic, the need for support for socially vulnerable groups has become more urgent. We are grateful for the practical help given so that grandparent-headed households in our jurisdiction do not lose hope, and we ask for continued interest and support in the future.”

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