On the 23rd, Kwon Hyung-taek, President of HUG (left), and Park Hyung-soo, Assemblyman (right), participated in the donation ceremony and are posing for a commemorative photo.

On the 23rd, Kwon Hyung-taek, President of HUG (left), and Park Hyung-soo, Assemblyman (right), participated in the donation ceremony and are posing for a commemorative photo.

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[Asia Economy Reporter Ryu Tae-min] The Housing and Urban Guarantee Corporation (HUG) announced on the 25th that it had donated 200 million KRW in relief funds to the Gyeongbuk Uljin area, which was designated as a special disaster zone due to the recent wildfires on the 23rd.


On that day, Kwon Hyung-taek, President of HUG, visited the office of Assemblyman Park Hyung-soo (Gyeongbuk Yeongju, Yeongyang, Bonghwa, Uljin), who has been actively supporting wildfire recovery and aid for disaster victims, to hold a donation ceremony.


HUG had previously donated 100 million KRW to Uljin, Gyeongbuk, on the 17th to support wildfire recovery efforts. In response to Assemblyman Park Hyung-soo's request to realize and expand housing cost support, HUG agreed and provided an additional 100 million KRW to Uljin, the area most severely affected.



Kwon Hyung-taek, President of HUG, stated, “We extend our condolences to the residents who lost their homes overnight due to the wildfire,” and added, “We hope this donation will help the local residents recover their daily lives, even if only a little.”


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

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