"Revitalizing the Local Economy" Seobu Power Signs MOU to Boost Social Economy in Taean County

[Asia Economy Reporter Kim Bo-kyung] Korea Western Power and Taean-gun Social Economy Network signed a business agreement on the 21st to support the revitalization of the community to revive the local economy, which has been struggling due to the novel coronavirus infection (COVID-19).

At the signing ceremony, Lim Jeong-rae, Director of the National Task Promotion Office at Western Power, and Kim Jin-heon, Chairman of the Taean-gun Social Economy Network, attended, along with related parties including Park Dae-gon, CEO of the social enterprise 'Damchaewon,' and Jang Dong-su, CEO of the village enterprise 'Oseoksan Agricultural Cooperative Corporation.'

Through the agreement, the two organizations agreed to make various efforts to realize social value and revitalize the local economy, including ▲discovering business models utilizing local resources ▲creating youth jobs related to social economy organizations ▲starting, fostering, and strengthening the capabilities of social economy enterprises.

Director Lim Jeong-rae said, "We will strive to continuously carry out various support projects at the company level so that social economy enterprises can invigorate the local economy."

Chairman Kim Jin-heon stated, "Social economy enterprises are economic organizations that prioritize the benefit of society as a whole over profit and people over capital. Currently, there are 36 such enterprises in Taean-gun," adding, "We will cooperate with Western Power to activate the social economy community going forward."

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