Gas Gong, Recipient of the National Industry Award in the Win-Win Growth Category

Recognized for Leading the Hydrogen Industry and Promoting Win-Win Cooperation with Local Communities

Korea Gas Corporation received the Grand Prize in the Win-Win Growth category at the '2020 National Industry Awards' held on the 28th at the Swiss Grand Hotel in Seodaemun-gu, Seoul. (Photo by Korea Gas Corporation)

[Asia Economy Reporter Moon Chaeseok] Korea Gas Corporation announced on the 28th that it received the Grand Prize in the Win-Win Growth category at the '2020 National Industry Awards' held at the Swiss Grand Hotel in Seodaemun-gu, Seoul.

KOGAS was recognized for its contributions to leading the hydrogen industry, supporting local small business owners, implementing a win-win cooperation package to overcome the novel coronavirus disease (COVID-19), and the localization project of gas facility equipment.

To realize a future low-carbon green society, KOGAS established a hydrogen industry promotion strategy last year. It is now focusing its efforts on building nationwide hydrogen infrastructure (charging stations and production bases) in collaboration with companies such as Hyundai Motor Company and Valmax Technology.

Since 2018, KOGAS has prepared a 'Social Economy Online Mall Advancement Project Roadmap' to support local small business owners, and together with Daegu City, it is fostering an online shopping mall used by over 50 public institutions in Daegu and Gyeongbuk.

Last month, to assist small and medium-sized partner companies and small business owners facing crisis due to the COVID-19 pandemic, KOGAS also launched the 'KOGAS Win-Win Cooperation Package' worth 210 billion KRW, consisting of 18 projects.

In addition, KOGAS is focusing on the localization project of gas facilities, which is expected to replace imports worth 5 billion KRW annually through programs such as 'Field Demonstration,' where prototypes developed by small and medium enterprises are applied on-site and purchased once their reliability is proven.

A KOGAS official stated, "Going forward, based on KOGAS's management philosophy and vision for win-win growth and cooperative management, we will faithfully fulfill the role of a public enterprise that is loved by the people and leads the national industry."

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