South Chungcheong Province is to establish a welfare foundation
South Chungcheong Province held a briefing session on validity of establishing South Chungcheong Welfare Research Foundation. It will be a non-profitable organization that will provide systematic welfare services to the residents. The province realized the seriousness of low birth rate but aging residents and the 20 attendees including the acting governor Nam Gung-young agreed unanimously on establishing the foundation and its funding and operation after screening the validity on the legal basis. Nam said “The welfare budget of the province is KRW 1.9 trillion won, a 34.3% of the whole budget. But the actual results seemed not worth the money we have poured in. So, there arose the need for a down-to-earth support system and body. Therefore, we all need to work together and hard to obtain an approval from the Ministry of the Interior and Safety at the final stage.” 

South Chungcheong Province promotes high tech sound metal
South Chungcheong Province is to invest KRW 19 billion won for the next five years in the high tech sound metal industry of the region. At the government’s regional new industry promotion screening, the province won ‘convergence display’ and ‘secondary battery’ in 2017 and ‘probiotics’ this year and ‘sound metal’ next year. The sound metal promotion includes steel, nonferrous metal and limited metals and their drilling, casting and molding. The province is one of the best clusters of the display, car and metal industries in the world where the IT parts companies big and small are densely located. An official of the province said “We will do our best to promote original technologies and regional industries through active support.”

<Power Korea> ‘rewrites’ Korean article in ‘plain English’ (by Jon Kim powerkorea_j@naver.com)