Jungheung Group Makes 'Generous' 10 Billion Won Donation to Develop Semiconductors and Talent in Jeonnam-Gwangju

Annual donations of 2 billion won for five years starting in 2027
Support for attracting companies, training skilled workers, and building research infrastructure
Also funding scholarships for science and engineering students and young researchers

Jungheung Group will donate 10 billion won over five years to develop the semiconductor industry and support talent in the Jeonnam-Gwangju region. The donations will be used to attract companies, train skilled workers, and provide scholarships to young research talent.

Jeonnam-Gwangju Integrated Special City and Jungheung Group signed an agreement to donate funds for these purposes on the 8th in the business room at Gwangju City Hall. Under the agreement, Jungheung Group will donate 2 billion won annually from 2027 through 2031, for a total of 10 billion won.

Jeonnam-Gwangju Integrated Special City Mayor Min Hyungbae poses for a commemorative photo with Joongheung Group Vice Chairman Jung Wonju after signing an agreement to donate funds for talent development in the business room at Gwangju City Hall on the afternoon of the 8th. Provided by Jeonnam-Gwangju Integrated Special City.

The donations will be used to attract companies in the region's strategic industries, train skilled workers, and build research infrastructure. They will also fund scholarships for university students and young researchers in science, engineering, and advanced technologies, as well as educational programs to help develop talent who will settle in the region.

About 10 people attended the signing ceremony, including Min Hyungbae, mayor of Jeonnam-Gwangju Integrated Special City; Jung Wonjoo, vice chairman of Jungheung Group; Kim Haegeun, CEO of Jungheung Togeon; Lee Gyeongho, CEO of Jungheung Construction; Kim Jeonghun, head of the civil engineering division at Daewoo E&C; and Shin Gyeongsik, CEO of Jungbong Construction.

“I hope the funds will be used not only to ensure the successful implementation of the Honam region's semiconductor mega-project and semiconductor and artificial intelligence (AI) cluster, but also to develop and retain outstanding local talent,” Vice Chairman Jung said. “Jungheung Group will continue supporting the development of future industries and talent with a sense of responsibility for growing alongside the local community.”

“I thank Jungheung Group for donating 10 billion won to help make the semiconductor mega-project a success and develop local talent,” Mayor Min said. “We will use these funds wisely to firmly connect businesses and people, as well as research and experimental infrastructure, and to support future growth.”

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