Signing of Business Agreement for Financial Support in Fostering Innovative Growth Companies and Sustainable Management

Korea Industrial Complex Corporation, Korea Credit Guarantee Fund, and Woori Bank will jointly provide financial support for companies located in industrial complexes. Korea Industrial Complex Corporation (Chairman Lee Sang-hoon) announced on the 29th that it signed a business agreement on "Financial Support for Building an Innovative Industrial Ecosystem and Supporting Sustainable Management" with Korea Credit Guarantee Fund and Woori Bank at Woori Bank's Seoul headquarters.


This agreement was established for the three organizations to cooperate mutually to discover and support companies located in industrial complexes that possess future growth engines, thereby building an innovative industrial ecosystem and supporting companies' sustainable management.


Sanghoon Lee, President of the Korea Industrial Complex Corporation (first on the right), is taking a commemorative photo after signing a financial support business agreement for "Establishing an Innovative Industrial Ecosystem and Supporting Sustainable Management" at the Woori Bank headquarters in Jung-gu, Seoul on the 29th.

Sanghoon Lee, President of the Korea Industrial Complex Corporation (first on the right), is taking a commemorative photo after signing a financial support business agreement for "Establishing an Innovative Industrial Ecosystem and Supporting Sustainable Management" at the Woori Bank headquarters in Jung-gu, Seoul on the 29th.

View original image

According to the agreement, Korea Industrial Complex Corporation will recommend financial support candidates among companies in industrial complexes, Korea Credit Guarantee Fund will preferentially issue guarantee certificates, and Woori Bank will provide support for guarantee fees and preferential interest rates.


The financial support target sectors include ▲export companies ▲companies with ESG management capabilities ▲job-creating companies ▲companies engaged in new growth engines ▲companies engaged in regional key industries.



Lee Sang-hoon, Chairman of Korea Industrial Complex Corporation, said, "As the three organizations have joined forces to enhance the competitiveness and sustainable growth of companies in industrial complexes, we will continue to discover various growth companies and cooperate to build an innovative industrial ecosystem."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing