Shinhyup Foundation Donates 50 Million Won for Fire Damage Recovery in Yeongdeok Market
On the 15th, the Shinhan Social Contribution Foundation donated 50 million won to aid in the recovery of the damage caused by the fire at Yeongdeok Market. From left to right: Park Young-beom, Managing Director of Shinhan Central Association; Kim Jae-deok, Chairman of Shinhan Gyeongbuk Regional Council; Kim Yoon-sik, Chairman of Shinhan Social Contribution Foundation; Kim Bok-su, Chairman of Shinhan Daejeon Regional Council. Photo by Shinhan Central Association
View original image[Asia Economy Reporter Song Seung-seop] The Shinhan Social Contribution Foundation announced on the 16th that it has donated 50 million won to aid in the recovery of damages at Yeongdeok Market.
Yeongdeok Market in Gyeongbuk suffered a fire in the early morning of the 4th, damaging 79 out of 225 stores. The estimated damage amounts to approximately 3.2 billion won.
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Kim Yoon-sik, chairman of the foundation, said, "We extend our condolences and support to the merchants who are devastated by the tragic fire that occurred just before the Chuseok holiday," adding, "We will strive not only to overcome disasters but also to revitalize traditional markets."
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