Hansu-won Contributes 2.5 Billion KRW to Cooperative Foundation's Rural Coexistence Fund... "Expanding Resident Support"
[Asia Economy Reporter Kim Bo-kyung] Korea Hydro & Nuclear Power announced on the 16th that it will contribute 2.5 billion KRW to the Rural Coexistence Cooperation Fund (Cooperation Fund) managed by the Foundation for Cooperation between Large, Small and Medium Enterprises and Agriculture and Fisheries.
Through this contribution, plans are underway to implement projects such as comprehensive health checkups for residents around nuclear power plants and support for vans and libraries to improve the learning environment at rural children's centers.
In 2017, KHNP contributed 5 billion KRW to the Cooperation Fund and carried out various projects to improve the welfare and quality of life of residents in rural areas. Based on this contribution project, support projects for residents around power plants will be further expanded in the future.
The Cooperation Fund is established annually with participation from private companies, public enterprises, and agricultural and fisheries cooperatives based on the amended "FTA Agriculture and Fisheries Act" of 2017, which supports rural areas and farmers and fishermen who have been or may be affected by the implementation of Free Trade Agreements (FTA).
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Jung Jae-hoon, CEO of KHNP, said, "Through the contribution to the Cooperation Fund, KHNP will actively take the lead in achieving rural areas where people return and creating welfare rural areas where everyone wants to live, in line with government policies."
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