Hyundai Development Company CEO Yoo Byung-gyu is issuing an apology statement near the site of the newly constructed apartment exterior wall collapse accident in Hwajeong-dong, Seo-gu, Gwangju on the morning of the 12th. <Photo by Yonhap News>

Hyundai Development Company CEO Yoo Byung-gyu is issuing an apology statement near the site of the newly constructed apartment exterior wall collapse accident in Hwajeong-dong, Seo-gu, Gwangju on the morning of the 12th.

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Hyundai Development Company officially apologized on the 12th regarding the exterior wall collapse accident at Hwajeong I-Park in Gwangju Metropolitan City.


Yoo Byung-kyu, CEO of HDC Hyundai Development Company, issued an apology statement at 10 a.m. near the Fire Department's accident response headquarters at the accident site in Hwajeong-dong, Seo-gu, Gwangju, saying, "An unacceptable accident has occurred," and "We deeply acknowledge the responsibility of HDC Hyundai Development Company."


CEO Yoo said, "We sincerely apologize to the missing persons and their families who suffered damages due to this unfortunate accident at our HDC Hyundai Development construction site, as well as to the citizens of Gwangju."


He emphasized that the search and rescue of the missing persons is the top priority. CEO Yoo stated, "We will work closely with related organizations such as the Fire Department Headquarters, Ministry of Land, Infrastructure and Transport, Gwangju Metropolitan City, and Seo-gu Office to ensure thorough search efforts for the missing persons," adding, "We are also doing our best to implement safety measures to prevent secondary damage during this process."


CEO Yoo added, "Immediately after the accident, HDC Hyundai Development Company dispatched about 50 people, including executives and employees, myself as the CEO, and structural safety experts, to the accident site," and said, "Currently, in consultation with related organizations, we have established safety measures to search for and rescue the missing persons and to prevent additional damage, and secured the necessary equipment and personnel."


He also said, "We will sincerely cooperate with the investigation by the authorities and the accident cause identification by the Ministry of Land, Infrastructure and Transport," and added, "Once again, I bow my head in deep apology for this accident, and we will do our utmost to manage the accident and recover damages with all our capabilities."


Meanwhile, according to the Gwangju Fire Department Headquarters and Seo-gu Office, at around 3:47 p.m. the previous day, the exterior wall of one apartment building collapsed at the Hyundai I-Park new construction site in Hwajeong-dong, Seo-gu, damaging or burying 20 vehicles. Three people trapped in containers were rescued, and one person hit by debris on the first floor was transported to a hospital.



Six workers at the site are currently unreachable.


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

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