Housing Finance Corporation Offers Discounted Guarantee Fees to Companies Excelling in Safety Management

Korea Housing Finance Corporation (HF) has signed a 'Financial Support Agreement for Safety Management Excellent Companies' with Korea Housing & Urban Guarantee Corporation (HUG) and Korea Occupational Safety and Health Agency (KOSHA).

Under this agreement, HF and HUG will receive information on safety-excellent construction companies from KOSHA and offer preferential guarantee fee rates when these companies apply for construction fund guarantees.

(From left) Ryu Jang-jin, Executive Director of Korea Occupational Safety and Health Agency, Lee Jeong-il, Standing Director of Korea Housing Finance Corporation, and Yoon Myung-kyu, Standing Director of Housing and Urban Guarantee Corporation, are taking a commemorative photo of the agreement signing.

Additionally, KOSHA plans to support various safety and health activities such as consulting, education, and inspections to enhance the safety and health levels of construction companies using guarantee products.

Accordingly, HF plans to reduce the guarantee fee rate by 0.1%p for safety-excellent construction companies that have scored 90 or above in KOSHA’s industrial accident prevention performance evaluation or have obtained safety and health management system certification.

An HF official stated, “We expect this agreement to fulfill our social responsibility related to spreading a safety culture,” and added, “The corporation will continue to actively work on preparing cooperative projects to discover and support safety management excellent companies together with the partner organizations.”

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