Kim Hak-do, Chairman of the Korea SMEs and Startups Agency, Visits SMEs Affected by Heavy Rainfall

Emergency Response System Activated... Full Effort for Rapid Damage Recovery Support

On the 12th, Kim Hak-do, Chairman of the Korea SMEs and Startups Agency (right), is listening to difficulties at a small and medium-sized enterprise affected by heavy rain in Gangnam-gu, Seoul.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (hereinafter referred to as SBC) announced that Chairman Kim Hak-do inspected the site of small and medium enterprises affected by the heavy rain in the Gangnam area of Seoul on the morning of the 12th and promised prompt recovery and support for business normalization.

Diastory (CEO Kang Seon-ah), located in Gangnam-gu, Seoul, is a women's clothing manufacturing company. Due to the recent heavy rain in the central region, the underground logistics warehouse was flooded, contaminating about 5,000 pieces of clothing, and delivery was disrupted, resulting in an estimated damage of approximately 500 million KRW.

Earlier, immediately after receiving the damage report from the company, SBC dispatched an emergency support team composed of ambulance personnel and private loss adjusters to the site. They assessed the estimated damage amount and established a customized recovery plan, providing guidance. After confirming the damage, they plan to support emergency management stabilization funds necessary for recovery within three days. Chairman Kim said, "We will cooperate with local governments and related organizations to promptly support damage recovery and make every effort to overcome the crisis early."

Meanwhile, SBC is operating an emergency response system for disaster-affected small and medium enterprises. A 'Disaster Support Task Force' that receives and reports disaster-related situations in real time is stationed at the headquarters, and on-site mobile teams operate in 33 regional headquarters and branches to monitor real-time damage situations and support recovery.

Companies damaged by the heavy rain can receive emergency management stabilization funds necessary for damage recovery by submitting a disaster confirmation certificate issued by the relevant local government to SBC.

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