Changwon City and KB Kookmin Bank Sign Business Agreement on 'Living SOC Public Trust'

Changwon City, Gyeongnam, signed a business agreement with KB Kookmin Bank on the 28th to implement a public trust for living SOC. (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Changwon City in Gyeongnam announced on the 28th that it signed a business agreement with KB Kookmin Bank to implement a public trust for 생활SOC.

At the agreement ceremony, Changwon Mayor Heo Seong-mu, Yoon Jang-seop, head of KB Kookmin Bank's Gyeongnam Western Busan Regional Group, and Lee Jang-ho, deputy director of the 생활SOC Promotion Team at the Office for Government Policy Coordination, attended.

The 생활SOC public trust is a fund established and managed by KB Kookmin Bank using donations made by citizens or organizations, with the principal and operating profits supporting the operation costs of 생활SOC facilities in Changwon City. The operating funds are used for the operation and development of 생활SOC facilities in Changwon City, such as sports facilities, libraries, and welfare facilities.

Mayor Heo Seong-mu of Changwon said, "It is expected that pride will be fostered as citizens themselves donate for 생활SOC facilities in Changwon City and operate them together with the city."

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