A dedication ceremony was held on October 24, 2018 to recognize Korean Re's contribution to a home repair and neighborhood revitalization project for Jeogok Village in Cheongju, North Chungcheong Province. The ceremony served as an opportunity to look back on how much improvement has been made over the past three years to the village in terms of housing conditions. It was also designed to raise awareness of the value of the home repair project, which aims to help people with poor housing conditions renew their homes and neighborhoods. It was attended by around 70 persons including villagers, representatives from Korean Re and Habitat for Humanity Korea and officials from the Cheongju city government.
We first engaged in the project in cooperation with Habitat for Humanity Korea in 2016 to support home repairs and improvements for the village where there were many decrepit houses aged 30 years or older. Located 17 kilometers away from the downtown of Cheongju City, the village is home to 48 families and 114 residents.
Over the past three years, a total of 233 employees of Korean Re have participated in the repair of 42 old houses, which translated into 14,000 hours of volunteering work. We also donated funds worth KRW 390 million. Korean Re CEO Jong Gyu Won said during the ceremony, "I feel very proud to see this village improve and become a better place to live in. We at Korean Re will remain committed to fulfilling our social responsibility through various programs."
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