Dongbu Construction to Advance Payment of 44.5 Billion KRW to Partner Companies Ahead of Chuseok

Dongbu Construction CI

[Asia Economy Reporter Moon Jiwon] Dongbu Construction announced on the 15th that it will advance the payment of approximately 44.5 billion KRW in transaction funds to about 2,000 partner companies by 10 days ahead of Chuseok.

Dongbu Construction has been advancing transaction payments before Lunar New Year and Chuseok every year to promote win-win cooperation with small and medium-sized partner companies. A Dongbu Construction official said, "This year, we are advancing the payment of transaction funds to ease the financial burden of partner companies suffering from the double hardship of the COVID-19 pandemic and consecutive typhoon damages," adding, "We hope this will help partner companies that need funds for wages, bonuses, and other expenses ahead of Chuseok."

Meanwhile, Dongbu Construction recently achieved an excellent grade in the '2019 Win-Win Growth Index Evaluation' announced by the Win-Win Growth Committee. In the mutual cooperation evaluation hosted by the Ministry of Land, Infrastructure and Transport in July, it also received the highest grade for three consecutive years. This year, Dongbu Construction contributed 100 million KRW to the Small and Medium Business Agriculture and Fisheries Cooperation Foundation's win-win cooperation fund, and based on this fund, plans to carry out various win-win growth projects such as rewarding outstanding partner companies and supporting mutual cooperation education.

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