Asia and Hanla Cement, 2021 Korea Habitat Cement Sponsorship Agreement

Korea Habitat's 'Building Hope Homes' Project Fully Sponsored with Cement and Dry Mortar

Asia Cement and Halla Cement signed a joint sponsorship agreement with Korea Habitat in 2021. Photo from left: Yang Seung-jo, Executive Director of Asia Cement; Yoon Hyung-joo, Chairman of Korea Habitat; Hwang Seok-yong, CEO of Halla Cement. Photo by Halla Cement

[Asia Economy Reporter Kim Jong-hwa] Asia Cement and Halla Cement have decided to provide all cement and dry mortar free of charge for Korea Habitat's 2021 'Building Hope Homes' construction project. Asia Cement, Halla Cement, and Korea Habitat announced on the 18th that they held a sponsorship agreement ceremony at Asia Tower in Yeoksam-dong, Seoul.

Halla Cement has been providing all cement free of charge annually for the 'Building Hope Homes' project since 2001, and since becoming a subsidiary of Asia Cement in 2018, they have jointly sponsored all dry mortar with Asia Cement. Additionally, every year, employees and their families participate as volunteers at the home-building sites.

At the sponsorship agreement ceremony, Yang Seung-jo, Executive Director of Asia Cement, Hwang Seok-yong, CEO of Halla Cement, and Yoon Hyung-joo, Chairman of Korea Habitat, attended and signed the agreement. Through previous agreements, the two companies have supported approximately 100 million KRW worth of cement and dry mortar annually, but this year, the scale of the construction project may change due to the impact of COVID-19.

Meanwhile, in addition to cement support, employees and their families from both companies plan to participate as volunteers at Korea Habitat construction sites to share hope for vulnerable housing groups. However, volunteer activities may also be subject to change depending on the spread of COVID-19.

Hwang Seok-yong, CEO of Halla Cement, said, "Although social inequality has deepened due to COVID-19, I believe that the Building Hope Homes activities will narrow that gap and make the world warmer," adding, "The company will help as much as it can."

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