On the 14th, Namgung Young, Head of the Public Development Division at Korea Asset Management Corporation (KAMCO) (second from the left in the photo), conducted a special safety inspection at the construction site of the new 'Narakium Iksan Integrated Government Building' located in Iksan-si, Jeonbuk, together with representatives from the construction company and project management team. Photo by KAMCO

On the 14th, Namgung Young, Head of the Public Development Division at Korea Asset Management Corporation (KAMCO) (second from the left in the photo), conducted a special safety inspection at the construction site of the new 'Narakium Iksan Integrated Government Building' located in Iksan-si, Jeonbuk, together with representatives from the construction company and project management team. Photo by KAMCO

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[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) announced on the 14th that it conducted a special safety inspection at the construction site of the 'Narakium Iksan Integrated Government Building.'


The Narakium Iksan Integrated Government Building, being newly constructed in Iksan, Jeonbuk, is a national fund development project to build an integrated government building for two agencies, Iksan Tax Office and Iksan Customs, replacing the existing old building. With a total project cost of 22.1 billion KRW, the building will have a total floor area of 9,004㎡, consisting of one basement floor and five above-ground floors, and is scheduled for completion in August.


This inspection was arranged by KAMCO ahead of the enforcement of the Serious Accidents Punishment Act starting January next year, aiming to protect workers and promote a safety culture. Namgung Young, Head of KAMCO's Public Development Headquarters, along with representatives from the construction company and project management team, participated.


Additionally, the inspection covered the overall management status, including the monthly fall accident prevention checks conducted on the 14th, fire and explosion accident prevention measures, and compliance with COVID-19 quarantine rules.



Head Namgung Young emphasized, “We will conduct intensive and meticulous inspections of construction sites with potential for serious accidents, as well as thorough safety inspections of all development sites. We will strive to spread a safety culture so that workers can work with peace of mind.”


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

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