HF Construction Launches 'Integrated Council' to Support Growth of BIFC Public Institutions and Private Sector

Korea Housing Finance Corporation (HF) and five public institutions within the Busan Munhyeon Financial Complex are forming the ‘BIFC Public Institution Integrated Council’ to share innovation achievements and support private sector growth.

On the 22nd, the Housing Finance Corporation announced that it signed a business agreement to launch the ‘BIFC Public Institution Integrated Council’ with the Korea Technology Finance Corporation, Korea Housing & Urban Guarantee Corporation, Korea Southern Power, and Korea Asset Management Corporation.

The council is part of the government’s policy to ‘strengthen cooperation between private and public institutions,’ aiming to open and share each institution’s excellent achievements and capabilities with the private sector to support private growth and improve the quality of public services.

The integrated council will be held quarterly and establish a mutual cooperation system by sharing institutional achievements and discovering and promoting collaborative projects to support the private sector in six areas: fair recruitment, regulatory improvement, records management, data, win-win growth, and innovation.

An HF Corporation official said, “With the launch of this integrated council, a foundation has been established for mutual cooperation with public institutions in the Munhyeon Financial Complex,” adding, “We will strive to help prepare effective private support programs through solid council operations.”

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