[Asia Economy Reporter Suyeon Woo] The Federation of Korean Industries (FKI) commemorated the 20th anniversary of the passing of the late Chung Ju-yung, Honorary Chairman of Hyundai Group, honoring his achievements and legacy.


On the 18th, the FKI stated, "The late Chairman Chung founded Hyundai Group in an industrial wasteland and grew it into a global company, becoming a symbol of entrepreneurial spirit recognized worldwide. During his 10-year tenure as FKI chairman, he greatly contributed to lifting South Korea out of poverty through projects such as securing the 1988 Olympics."


They added, "Even amid economic crises like COVID-19, the business community will continue to develop South Korea’s key industries?automobiles, shipbuilding, construction?that Chairman Chung established into future growth industries for the next generations."


The 21st marks the 20th anniversary of Chairman Chung’s passing. Considering the social atmosphere amid COVID-19, the Hyundai family plans to quietly commemorate his achievements and spirit. The late Chairman Chung served as FKI chairman from 1977 to 1987 for 10 years.


Hot Picks Today

"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ① "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①

Asan Chung Ju-yung, Honorary Chairman of Hyundai Group

Asan Chung Ju-yung, Honorary Chairman of Hyundai Group

View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing