Pohang City in 'Combat Readiness'... Mobilizes Rapid Response Team to Oppose POSCO's Holding Company Conversion, Vows Strong Countermeasures

Operation of Dedicated T/F Team, Comprising 3 Divisions: General, Civil Complaints, and Win-Win Cooperation Response

On the 10th, Pohang City in Gyeongbuk held a T/F meeting to respond to matters related to POSCO Holdings.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Pohang City in Gyeongbuk Province has established a strong response system regarding POSCO's transition to a holding company and has launched a special response team.

On the 10th, Pohang City held a dedicated T/F meeting led by Vice Mayor Lee Jang-sik and judged that a swift and efficient response organization was necessary for POSCO's holding company transition situation, thus initiating a systematic response.

Recently, at a local economic and social organization meeting related to POSCO's holding company transition, there have been strong demands from citizens.

The newly formed dedicated organization is divided into the General Division, Civil Complaints Response Division, and Win-Win Cooperation Response Division. Each division is headed by the Director of the Job Economy Bureau, the Director of the Environment Bureau, and the Director of the Administration and Safety Bureau, respectively.

The dedicated team for overall response will also closely cooperate with four teams to provide support.

The dedicated T/F plans to focus on administrative support as the 'POSCO Holding Company Pohang Relocation Pan-Citizen Countermeasure Committee' has been formed and has launched a pan-citizen signature campaign and national petition.

Pohang City intends to accurately inform citizens and build consensus regarding issues arising from the POSCO holding company being established in Seoul and the Future Technology Research Institute being located in the metropolitan area.

Mayor Lee Kang-deok of Pohang said, “The transition of POSCO to a holding company goes against the trend of the times, and since citizens feel a great sense of loss toward POSCO, the formation and response of the dedicated team is inevitable,” adding, “We will actively respond to ensure that citizens' demands are fulfilled.”

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