Guangdong Pharmaceutical and Jeju Development Corporation have signed an MOU on a project to improve the residential environment by Hope & Sharing to support the stability of Jeju residents' housing
May 22, 2025
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The project, designed to help Jeju residents who are struggling with the unstable real estate market and rent burden, focused on supporting housing renovation and repair for households with poor residential conditions and creating a pleasant and safe living space.
Through this agreement, Kwangdong Pharmaceutical plans to support the necessary finances throughout the project and actively support meaningful changes in the community site. In particular, it focuses on increasing the sustainability and effectiveness of the project by expanding the scope of participation to the implementation stage beyond simple donations.
The Jeju Development Corporation is in charge of planning and external communication along with the project, and the Seogwipo and Ara General Social Welfare Center is an on-site implementation agency and is in charge of finding targets, managing construction, and reporting results. In the future, the first improvement work will be carried out as soon as the survey and business plan are completed across Jeju Island.
"Solidarity with the Jeju community is the core value of sustainable management pursued by Kwangdong Pharmaceutical," said Choi Sung-won, CEO of Kwangdong Pharmaceutical. "We will continue to expand our social contribution activities for Jeju, including improving the residential environment with the Jeju Development Corporation in the future."
This article was translated by Naver AI translator.
