Vice Chairman Jang Ho-ik of Dongwon Development Receives the Third Baton
Purchases Goods and Makes Advance Payments at Four Restaurants in Suyeong Paldo Market
Nominates Kim Eun-su, CEO of Dongil Co., Ltd., as the Next Relay Participant

The Busan-style Good Payment, which aims to ease the economic burden by paying in advance, has passed the baton to the third relay participant.


Busan City (Mayor Park Hyung-jun) announced on the 23rd that Dongwon Development Vice Chairman Jang Ho-ik joined the Busan-style Good Payment campaign as the third private company participant on the 22nd.


On that day, Vice Chairman Jang visited Suyeong Paldo Market in Suyeong-gu with local figures including the Suyeong-gu Mayor and the Suyeong-gu Council Chairman, communicating with merchants, purchasing goods, and making advance payments at four places including restaurants.

Jang Ho-ik, Vice Chairman of Dongwon Development (left), is participating as the third private company in the Busan-style Good Payment campaign, making an advance payment at a store in Suyeong Paldo Market.

Jang Ho-ik, Vice Chairman of Dongwon Development (left), is participating as the third private company in the Busan-style Good Payment campaign, making an advance payment at a store in Suyeong Paldo Market.

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Founded in 1975, Dongwon Development is a real estate development and apartment specialized construction company engaged in apartments, buildings, and plant construction. It is known for the Vista Dongwon and Dongwon Royal Duke brands, ranking 31st nationwide and 1st in Busan in last year's construction company performance evaluation.


Vice Chairman Jang Ho-ik said, “Due to the domestic and international economic environment, consumer sentiment has been greatly depressed, so I joined the campaign to help small business owners and traditional markets in their difficult management environment even a little,” adding, “I hope this campaign will promote consumption and contribute to the local economy.”


Vice Chairman Jang nominated CEO Kim Eun-su of Dongil Co., Ltd. as the next participant. Since its establishment in 1981, Dongil has supplied 50,000 units of multi-family housing mainly in the Busan and Yeongnam regions.


The Good Payment campaign is conducted until February, where customers pay in advance for meals and other expenses at local favorite restaurants, cafes, and hair salons, promising to revisit.


Voluntary participation by private companies in this campaign is also continuing. Busan Bank conducted the ‘Busan Bank Pays in Advance!’ campaign on the 16th ahead of the Lunar New Year holiday.


All Busan Bank branches selected three or more nearby stores and plan to pay 50% of their annual business promotion expenses in advance. They plan to pay as much as possible before the Lunar New Year holiday so that neighboring small business owners can have a warm and generous holiday.


Kim Bong-cheol, Director of the Digital Economy Office of Busan City, said, “The participation of private companies in the Good Payment campaign is meaningful as it practices coexistence with local small business owners,” adding, “I hope this campaign will serve as an opportunity to spread the culture of Good Payment in the region, encouraging more companies and citizens to participate and becoming a catalyst for revitalizing the local economy.”


A boom-up event to encourage citizen participation is ongoing until April 6. Citizens can check the warm support messages sent to small business owners by participating in the event on the city’s website.


The ‘Good Payment Certification Event,’ held for 13 weeks from January 6 to April 6, targets customers who pay 100,000 KRW or more in advance at businesses located in Busan. Citizens who wish to participate can post certification materials such as advance payment receipts and business coupons on the city’s website and write messages supporting small business owners.



Large marts, department stores, online media, and businesses outside Busan are excluded from the event, and duplicate entries are not allowed. A draw is held every Wednesday for participants who applied from Monday to Sunday of the previous week, selecting 78 winners weekly: 3 winners receive 50,000 KRW gift certificates, 5 winners receive 30,000 KRW gift certificates, and 70 winners receive 10,000 KRW gift certificates.

Jang Ho-ik, Vice Chairman of Dongwon Development (center), along with employees and merchants, is performing a promotional event for the Busan-style Good Payment campaign at Suyeong Paldo Market.

Jang Ho-ik, Vice Chairman of Dongwon Development (center), along with employees and merchants, is performing a promotional event for the Busan-style Good Payment campaign at Suyeong Paldo Market.

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

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