Jeonnam Development Corporation Wins Minister of Trade, Industry and Energy Award at "2025 National Contribution Awards"

Regional Community Development Category
"Jeonnam-style Ten-Thousand-Won Housing" and Other Initiatives Highly Praised

Jang Chungmo, President of Jeonnam Development Corporation, received the Minister of Trade, Industry and Energy Award in the regional community development category at the 12th "2025 National Contribution Awards" on the 23rd. President of Jeonnam Development Corporation

Jeonnam Development Corporation (President Jang Chungmo) announced that it received the Minister of Trade, Industry and Energy Award in the regional community development category at the 12th "2025 National Contribution Awards" on the 23rd.

The award recognized several achievements: nationwide attention for the "Jeonnam-style Ten-Thousand-Won Housing" project to stabilize youth housing; securing future growth engines through large-scale renewable energy projects such as Shinan Offshore Wind Power; the creation of regionally specialized future industrial complexes; and the introduction of a win-win financial model through the "Jeonnam Happiness Fund," the first such initiative by a local public institution.

In particular, the "Jeonnam-style Ten-Thousand-Won Rental Housing" project, which provides housing to young people and newlyweds for a monthly rent of 10,000 won, has been recognized as an innovative policy addressing population decline and youth housing shortages. It has attracted nationwide attention and has been benchmarked by other regions, attesting to its excellence.

Additionally, through large-scale renewable energy projects such as Shinan Offshore Wind Power, the corporation is building a growth foundation centered on the region, contributing to the realization of carbon neutrality, and achieving sustainable regional development and securing future growth engines.

The corporation is also contributing to revitalizing the local economy and creating jobs by developing regionally specialized future industrial complexes, such as the Naju Energy National Industrial Complex and the Goheung Space Launch Vehicle National Industrial Complex. In particular, in line with the government's plan to enact the "RE100 Industrial Complex Special Act," the corporation is actively working to establish "RE100 Industrial Complexes" based on renewable energy.

Jang Chungmo, President of Jeonnam Development Corporation, stated, "This award is thanks to the efforts of all employees who have dedicated themselves to building a 'Great Jeonnam.' We will continue to improve the quality of life for residents and grow as a sustainable public enterprise."

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