Jungheung Group to Pay Partner Construction Fees Early... 140 Billion KRW Fully in Cash
Jungheung Group announced on the 22nd that it will make early payments of construction fees before the Chuseok holiday to help its partner companies manage their funds smoothly. The construction fees amount to approximately 140 billion KRW, all paid in cash.
As a result, partner companies at 46 construction sites nationwide are expected to be able to pay their employees' wages and material costs smoothly.
A Jungheung Group official stated, "This is part of our efforts to continue coexistence with partner companies who are facing many difficulties due to COVID-19."
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Jungheung Group also made early payments of 120 billion KRW in construction fees ahead of the Lunar New Year holiday this year.
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