IS Dongseo Chairman Kwon Hyuk-woon Receives Gold Tower Industrial Medal on '2021 Housing Construction Day'

Recognized for Contributing to Social Responsibility, Housing Industry Development, and National Housing Welfare Improvement

Leading Eco-Friendly Construction, Environmental & Energy Projects, and Social Contribution & Scholarship Programs

Kwon Hyuk-woon, Chairman of IS Dongseo (right), is receiving the Gold Tower Order of Industrial Service Merit from Noh Hyung-wook, Minister of Land, Infrastructure and Transport, on the 15th.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Kwon Hyuk-woon, chairman of IS Dongseo, received the Gold Tower Industrial Medal.

IS Dongseo Co., Ltd., a comprehensive construction, environment, and manufacturing company, announced that on the 15th at 3 p.m., at the Grand Ballroom on the 1st floor of the Federation of Korean Industries Conference Center in Yeouido, it received the highest honor, the Gold Tower Industrial Medal, at the ‘2021 Housing Construction Day’ commemorative event.

The Gold Tower Industrial Medal is the highest grade medal awarded to entrepreneurs who have made clear contributions to national industrial development.

Chairman Kwon Hyuk-woon was highly praised for significantly contributing to the development of the housing industry and the improvement of national housing welfare since the company’s establishment, fulfilling corporate social responsibility through innovative growth, regional development, and win-win cooperation.

Co-hosted by the Korea Housing Builders Association, Korea Housing Association, and Housing & Urban Guarantee Corporation, and sponsored by the Ministry of Land, Infrastructure and Transport, this event has been held by the government to boost the morale and pride of those who contributed to the housing construction sector through awards.

The event was attended by No Hyung-wook, Minister of Land, Infrastructure and Transport; Park Jae-hong, chairman of the Korea Housing Builders Association; Kim Dae-cheol, chairman of the Korea Housing Association; and Kwon Hyung-taek, president of the Housing & Urban Guarantee Corporation.

There were a total of 55 awardees for Housing Construction Day 2021. This year, Kwon Hyuk-woon, chairman of IS Dongseo (CEO of IS Holdings), was the sole recipient of the highest honor, the Gold Tower Industrial Medal. Three received the Silver Tower Industrial Medal, six received the Industrial Medal, eight received the Presidential Citation, ten received the Prime Minister’s Citation, and 27 received the Minister of Land, Infrastructure and Transport’s Citation.

Chairman Kwon Hyuk-woon said, “I am very pleased to receive this great award,” adding, “As a construction professional, I always thought of building the house where I live.”

He also expressed his gratitude, saying, “There was the sweat and effort of the executives, employees, and partner companies who quietly worked together on site, and I want to convey my thanks to them here.”

Since establishing the company in 1987, Chairman Kwon Hyuk-woon has been recognized for quality and technical skills through various construction and civil engineering projects nationwide, including high-rise residential-commercial complexes, apartments, officetels, and knowledge industry centers.

The high-rise residential-commercial complex brand ‘W’ (Double U) and the housing brand ‘Aileen’s Garden’ are recognized as premium buildings, based on quality control and technical skills, with collaboration among experts in each field throughout all processes of housing construction, from development and construction to sales and maintenance.

Recently, the company has been practicing ESG management through environmental projects using recycling in eco-friendly construction, energy projects, cooperative activities for coexistence with local communities, social contributions, and scholarship foundation activities.

Chairman Kwon Hyuk-woon has annually donated to the Community Chest of Korea for neighborly aid, energy sharing, and building homes of love, and through various social contribution activities such as donations to cultural, arts, and educational organizations, he has shared more than 38.4 billion KRW.

Additionally, the public interest corporation Moonam Scholarship and Cultural Foundation, established in 2016 with personal assets worth 14 billion KRW, carries out various scholarship projects, talent development support projects, educational environment improvement projects, and support projects for abused children, helping socially vulnerable and marginalized groups.

Chairman Kwon was elected president of the Korea Basketball Association in January, the first entrepreneur in 17 years. After taking office, he made headlines by sending the national team to the Asia Cup men’s basketball tournament held in Clark, Philippines, and the women’s basketball team to the 2020 Tokyo Olympics by chartered flights.

He made a bold decision to charter flights to ensure the health, safety, and performance improvement of the athletes, and is said to be dedicating efforts to promoting national prestige through sports and rebuilding Korean basketball.

Chairman Kwon received the Deputy Prime Minister and Minister of Strategy and Finance Award in the CEO category from the Social Responsibility Management Quality Institute for his social responsibility and management quality promotion activities contributing to both business and society.

Also, IS Dongseo received the Deputy Prime Minister and Minister of Strategy and Finance Award at the ESG Management Awards last November, recognizing its achievements in corporate social responsibility activities, sustainable management, and innovative growth management activities.

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