The Gyeonggi-do Social Economy Center will be launched early next year. On the 23rd, attendees of the inaugural general meeting and founding board meeting are taking a commemorative photo. Photo by Gyeonggi Provincial Government

The Gyeonggi-do Social Economy Center will be launched early next year. On the 23rd, attendees of the inaugural general meeting and founding board meeting are taking a commemorative photo. Photo by Gyeonggi Provincial Government

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[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Gyeonggi-do Social Economy Institute held its inaugural board meeting and deliberated on its articles of incorporation.


On the 23rd, Gyeonggi Province announced that it held the inaugural board meeting at the Gyeonggi Provincial Council with 11 founding members in attendance, confirmed 13 executives including Chairman Lee Young-joo and Director Yoo Hoon, and then deliberated and approved the establishment purpose statement, articles of incorporation, and business plans.


The province plans to complete the foundation establishment procedures, including foundation establishment approval, corporate registration, and business registration, by early January next year, and thereafter organize the staff recruitment process to build the organization and begin full-scale operations.


Yoo Hoon, the first director who read the establishment purpose statement as the representative of the founding members, emphasized, "The Social Economy Institute will act as a cooperative partner for social economy organizations, actively promote collaboration with various companies and public institutions aiming to practice ESG, and focus on spreading the social value they create so that it can be felt in the daily lives of residents."



The Social Economy Institute, located in the old Gyeonggi Provincial Government building in Paldal-gu, Suwon, Gyeonggi-do, will carry out various projects including ▲ discovering and nurturing economic organizations aimed at creating diverse social values ▲ expanding a self-sustaining foundation through linkage with friendly resources such as ESG-pursuing companies and public institutions ▲ creating a mixed finance environment capable of attracting diverse capital inflows ▲ and building infrastructure and strengthening ecosystem capabilities for the sustainable spread of social value.


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

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