Chairman Choi Jung-woo of POSCO and Director Park Sam-deuk of the Ministry of Patriots and Veterans Affairs are posing for a commemorative photo after signing an MOU for mutual cooperation in the 'Support Project for National Merit Recipients' on October 30.

Chairman Choi Jung-woo of POSCO and Director Park Sam-deuk of the Ministry of Patriots and Veterans Affairs are posing for a commemorative photo after signing an MOU for mutual cooperation in the 'Support Project for National Merit Recipients' on October 30.

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[Asia Economy Reporter Hwang Yoon-joo] POSCO (Chairman Choi Jeong-woo) commemorates the 70th anniversary of the Korean War by signing an MOU with the Ministry of Patriots and Veterans Affairs to promote support projects for national veterans.


On the 30th, POSCO Chairman Choi Jeong-woo and Ministry of Patriots and Veterans Affairs Commissioner Park Sam-deuk mutually signed a business agreement at the POSCO Center to provide advanced assistive devices such as robotic prosthetic arms and legs, which are not covered by government budgets, to national veterans.


The Ministry of Patriots and Veterans Affairs will recommend candidates who meet the project’s purpose, and POSCO will select the final beneficiaries and support the necessary advanced assistive devices. This project is planned to be carried out over three years starting this year.


The significance of this support project is even greater as it is funded by the POSCO 1% Sharing Foundation, which operates through a 1% salary donation from POSCO Group employees.


Following the MOU signing, advanced assistive devices were delivered to 26 national veterans selected this year. The recipients of this support project were chosen through online document submission, interviews, eligibility tests, and final screening targeting young and middle-aged veterans in May.


Mr. Na Hyeong-yoon, who received a robotic prosthetic arm, said, “I am truly happy to be able to hold my child with both arms,” and added, “I will live even harder to meet the expectations of those who have supported me.” Mr. Na lost both hands in a high-voltage electric shock accident during nighttime fence work while serving at the GOP and is active as a disabled sports athlete.



In addition to the advanced assistive device support project for national veterans, POSCO is also conducting housing environment improvement projects such as home repairs for Korean War veterans in Pohang and Gwangyang, and has produced and delivered appreciation plaques for veterans from 16 countries who participated in the Korean War.


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

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