Lee Byung-hoon, Vice President of HUG (left), Lee Byung-jin, Deputy Mayor of Busan (center), and Byun Jae-woo, Director of the Busan Senior Job Support Center (right), are taking a commemorative photo after the business agreement ceremony at Busan City Hall on the 7th. (Photo by HUG)

Lee Byung-hoon, Vice President of HUG (left), Lee Byung-jin, Deputy Mayor of Busan (center), and Byun Jae-woo, Director of the Busan Senior Job Support Center (right), are taking a commemorative photo after the business agreement ceremony at Busan City Hall on the 7th. (Photo by HUG)

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[Asia Economy Reporter Ryu Taemin] The Housing and Urban Guarantee Corporation (HUG) announced on the 7th that it signed a business agreement with Busan City and the Busan Senior Job Support Center at Busan City Hall to preserve the ecosystem and create jobs for the middle-aged and senior population through the marine debris cleanup project in the Busan area.


The marine debris cleanup project involves monitoring marine debris through an environmental surveillance drone team and forming an environmental cleanup task force to collect marine debris such as waste and plastics, focusing on areas including Bukhang, Namhang, and the Nakdong River estuary. In this process, approximately 400 jobs annually are provided to the middle-aged and senior population of Busan City.


This agreement was signed to define mutual cooperation and roles among the project stakeholders. HUG will donate the necessary project funds and actively participate in environmental cleanup activities through employee volunteer work.


The business agreement ceremony was held with the attendance of Lee Byung-hoon, Vice President of HUG, Lee Byung-jin, Deputy Mayor of Busan City, and Byun Jae-woo, Director of the Busan Senior Job Support Center.



Kwon Hyung-taek, President of HUG, stated, “This project is significant as it created a win-win cooperation model where the public and private sectors collaborate to solve the marine debris problem while also creating local jobs.” He added, “Going forward, the corporation will lead the spread of ESG management culture and regional development through eco-friendly management and various local contribution projects.”


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

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