Kim Jeong-hak, 11th President of Jeju Development Corporation

Kim Jeong-hak, 11th President of Jeju Development Corporation

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[Asia Economy Reporter Choi Saeng-hye] On the 16th, Kim Jeong-hak, the 11th president of Jeju Special Self-Governing Province Development Corporation, who was appointed by Jeju Governor Won Hee-ryong, officially began his tenure by skipping the inauguration ceremony and launching a ‘field management’ approach on the 17th.


Jeju Development Corporation announced on the 18th that President Kim, who omitted the inauguration ceremony due to the COVID-19 pandemic, had a busy schedule the previous day, visiting the Samdasoo production plant and the citrus processing plant, receiving work reports, and holding meetings with employees.


In his written inauguration speech on the same day, President Kim mentioned the future vision of Jeju Development Corporation, which will become the ‘best public enterprise in South Korea,’ and encouraged executives and employees to do their best to lay the foundation for a second leap forward.


President Kim stated, “The path that I and all executives and employees must walk together due to COVID-19 will be a path no one has ever taken before,” adding, “No matter how difficult it is, I will walk straight and cultivate hope, making every effort to become a milestone for future generations.”


In particular, President Kim declared his management policy of ‘steady reform amid stability’ and expressed his commitment to ▲ management innovation and ethical management practice ▲ transparent management practice ▲ establishment of sound labor-management relations.


On the 17th, Kim Jeong-hak, President of Jeju Development Corporation (third from the right), visited the Samdasoo production plant located in Gyorae-ri, Jocheon-eup, Jeju City, and toured the site with executives and employees.

On the 17th, Kim Jeong-hak, President of Jeju Development Corporation (third from the right), visited the Samdasoo production plant located in Gyorae-ri, Jocheon-eup, Jeju City, and toured the site with executives and employees.

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Furthermore, regarding the corporation’s flagship product and South Korea’s ‘number one’ bottled water, Jeju Samdasoo, President Kim said, “We will ensure that the premium national drinking water Jeju Samdasoo drives Jeju Development Corporation and leads Jeju’s development,” promising, “To strengthen the self-sustaining power of Jeju’s economy, which is concentrated on primary industries and tourism, we will expand the image of ‘Samdasoo for drinking water’ to overseas markets and develop Samdasoo into a global brand.”


He also stated, “As a strategy to create good jobs for young people, we will take the lead in fostering new growth industries such as expanding the water industry and public interest regional development projects,” adding, “We will definitely realize this through solidarity and cooperation with all stakeholders.”



President Kim emphasized, “Jeju Development Corporation, which celebrates its 25th anniversary this year, was established to create value from Jeju’s pristine resources and contribute to improving the quality of life for residents and Jeju’s development,” and stressed, “Executives and employees of the corporation must have a sense of ownership, and the path for our corporation to become the world’s best company depends entirely on us.”


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

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