Sandangong, Public Institution Safety Management Grade 'Level 2' for 2 Consecutive Years

No First-Class Institutions... Practically, Second Class Is the Highest Grade

Yeosu National Industrial Complex

[Asia Economy Reporter Kim Cheol-hyun] Korea Industrial Complex Corporation (Chairman Kim Jeong-hwan, hereinafter referred to as KICO) announced on the 10th that it achieved Grade 2 for two consecutive years in the 2021 Public Institution Safety Management Grade Evaluation conducted by the Ministry of Economy and Finance.

The Public Institution Safety Management Grade System was introduced to comprehensively assess the safety levels of public institutions with hazardous work environments such as facilities and construction sites. Every year, safety management capabilities are comprehensively evaluated and assigned one of five safety management grades.

Among the 99 public institutions subject to the 2021 evaluation, 11 institutions were confirmed to have Grade 2, and no institution received Grade 1, making Grade 2 effectively the highest grade among the evaluated institutions this time.

KICO has established detailed safety management implementation plans for headquarters and business divisions to enhance the execution of safety activities on site, with management directly inspecting compliance. They have also established accident prevention and response systems for facilities and conduct mock drills in preparation for accidents.

Last year, KICO recorded "zero industrial accidents" at industrial complex development sites and various facilities, and in April, it achieved an A grade (relative grade) for three consecutive years in the public institution safety activity level evaluation conducted by the Ministry of Employment and Labor.

Chairman Kim Jeong-hwan said, "As a public institution that regards safety as a core value and the top management goal, our past efforts have been recognized," and added, "We will continue to strive to advance the safety management system and enhance execution capabilities."

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