KIAT Joins Daegu-Gyeongbuk COVID-19 Crisis Overcoming Effort... Donates 12 Million Won in Donations

[Asia Economy Reporter Kim Bo-kyung] The Korea Institute for Advancement of Technology (KIAT) announced on the 23rd that it has raised 12 million won in donations to help the Daegu region overcome the crisis caused by the global outbreak of the novel coronavirus infection (COVID-19).

As the entire nation participates in social distancing to prevent COVID-19 infection, economic activities have contracted, causing a significant impact on the real economy.

Accordingly, KIAT recognized the crisis in the Daegu and Gyeongbuk regions, designated as special disaster zones, as severe and launched activities to support economic revitalization.

The disaster relief fund was prepared by combining the donations from KIAT executives and employees with the institution's social contribution fund. Hygiene supplies such as sterile gloves and hand sanitizers needed in medical settings were purchased and delivered to university hospitals operating screening clinics in the Daegu area.

Additionally, on the occasion of the institution's founding day and Labor Day, KIAT plans to purchase goods from traditional markets and small business owners in the Daegu region and distribute them as souvenirs to its executives and employees.

Seok Young-cheol, President of KIAT, said, "While maintaining social distancing, we want to participate in spreading a culture of sharing and realizing social values as a public institution," adding, "We hope this will help boost the morale of medical personnel in the Daegu and Gyeongbuk regions and revitalize the local economy, which has been contracted."

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