Hyundai Oilbank Releases 200,000 Juvenile Rockfish in Samgilpo Port

[Asia Economy Reporter Hwang Yoon-joo] Hyundai Oilbank announced on the 6th that it conducted the "18th Sea Restoration" event on the 4th, releasing 200,000 juvenile rockfish near Samgilpo Port, close to the factory in Daesan-eup, Seosan-si, Chungnam.

Hyundai Oilbank has been carrying out this project since 2002 to increase the income of local fishermen and revitalize the regional economy. Since 2013, other companies such as Hanwha Total have also joined, developing it into a distinctive regional representative social contribution project. The waters near Samgilpo Port have grown into the largest rockfish collection area in Korea, and Seosan-si has been attracting many tourists by holding the "Samgilpo Rockfish Festival" since 2005.

Meanwhile, Hyundai Oilbank is conducting various cooperative projects to coexist with the residents of Seosan-si, Chungnam, where its headquarters are located, and nearby areas. Since 2003, it has purchased about 1 billion KRW worth of rice from the Seosan area annually, helping struggling local farmers and widely promoting excellent regional rice as a representative community contribution project. Additionally, through the scholarship foundation established in 2003, it has been providing scholarships to middle and high school students and university students in the region who are financially disadvantaged.

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