Kim Hak-do, Chairman of Jungjingong, Visits Flood-Damaged Companies... "Prompt Support for Recovery Funds"

Visit to Taeseong Steel, a Small and Medium Enterprise in Eumseong-gun, Chungbuk on the 7th

On the 7th (Friday), Kim Hak-do, Chairman of the Korea SMEs and Startups Agency (right), visited the flood recovery site of Taesung Steel Co., Ltd. in Eumseong, Chungbuk. Photo by Korea SMEs and Startups Agency

[Asia Economy Reporter Kim Heeyoon] On the morning of the 7th, Kim Hakdo, Chairman of the Small and Medium Business Corporation (SBC), visited small and medium-sized enterprises affected by the heavy rains in the Chungcheong region and promised support for damage recovery and business normalization.

Taeseong Steel, located in Eumseong-gun, Chungbuk, which Kim visited, is a steel pipe manufacturer that suffered about 700 million KRW in damages after a landslide from a nearby mountain buried part of the factory in soil.

Chairman Kim comforted CEO Kim Junki of Taeseong Steel and employees who are carrying out recovery work, emphasizing the importance of preventing secondary damage in preparation for heavy rain and typhoons.

He also stated, “SBC will actively utilize on-site emergency support experts called Ambulancemen and the Fast Track system to promptly provide funds for damage recovery and support from multiple angles to help early business normalization.”

Meanwhile, SBC is operating a disaster support task force. Companies affected by the heavy rain can receive emergency business stabilization funds by submitting a disaster confirmation certificate issued by local governments to SBC.

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