Monday, October 12, 2026

Jungheung Construction Group to donate 10 billion won to Honam over five years ... funds to support infrastructure development

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2026-10-12 09:56:30
Updated
2026-10-12 09:56:30
Jung Won-joo, vice chairman of Jungheung Construction Group (right), and Min Hyung-bae, mayor of Jeonnam-Gwangju Integrated Special City, pose for a commemorative photo at a donation agreement signing ceremony for the success of the “Honam Regional Semiconductor Mega Project” at Gwangju City Hall on the 8th. Provided by Jungheung Construction Group
[Financial News] Jungheung Construction Group will donate 10 billion won over the next five years to support the success of the “Honam Regional Semiconductor Mega Project.” The donation is expected to be used to build infrastructure, including for attracting semiconductor companies, training specialists and conducting research.
Jungheung Construction Group said on the 12th that it had signed a donation agreement with Jeonnam-Gwangju Integrated Special City at the Gwangju government office building on the 8th. The donation will support the success of the “Honam Regional Semiconductor Mega Project” and help outstanding local talent settle in the region.
The signing ceremony was attended by Jung Won-joo, vice chairman of Jungheung Construction Group; Min Hyung-bae, mayor of Jeonnam-Gwangju Integrated Special City; Kim Hae-geun, CEO of Jungheung Tocon; and Lee Kyung-ho, CEO of Jungheung Construction, among others.
Under the agreement, Jungheung Construction Group plans to continue making annual donations of 2 billion won for five years, from 2027 through 2031. “I hope this donation will be put to meaningful use in successfully advancing the Honam Regional Semiconductor Mega Project and the semiconductor and artificial intelligence (AI) cluster, as well as in fostering outstanding local talent and helping them settle in the region,” said Jung Won-joo, vice chairman of Jungheung Construction Group.

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