Sampyo Cement Supports Sports Talent Development and Expansion of Athletic Infrastructure

Seo Won-cheol, Executive Director of Sampyo Cement (left), and Kim Sang-ha, Chairman of the Samcheok City Sports Council, signed a business agreement last May to expand sports infrastructure.
[Photo by Sampyo Cement]

[Asia Economy Reporter Kim Jong-hwa] Sampyo Cement is collaborating with the Samcheok City Sports Council to discover local talent who can excel on the global sports stage and to expand sports infrastructure.

On the 30th, Sampyo Cement announced that it has signed a 'Memorandum of Understanding (MOU) for Sponsorship of Sports Development Fund' with the Samcheok City Sports Council to support the discovery of local talent.

The funds from this agreement will be used for ▲supporting the hosting of national and provincial-level competitions ▲discovering and nurturing elite athletes ▲providing encouragement bonuses to outstanding athletes and coaches participating in the National Sports Festival ▲operating youth sports classes ▲and promoting sports activities within the region.

Separately from this agreement, on the 10th, Sampyo Cement donated 5 million KRW to the Samcheok City Sports Council as a sports development fund for the 'Gangwon Province Integrated Sports Festival (Provincial Sports Festival + Community Sports Competition)' athletes. In May, Sampyo Cement also held a signing ceremony for the sports development fund sponsorship with Samcheok City.

A Sampyo Cement official stated, "Sampyo Cement has continuously engaged in social contribution activities needed by the local community," adding, "We will cooperate with the Samcheok City Sports Council going forward to ensure this MOU achieves good results."

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