Diplomacy

The South Korean company SsangYong will finance the creation of shelters in educational institutions and healthcare facilities

The South Korean company SsangYong will finance the creation of shelters in educational institutions and healthcare facilities
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On October 30th, a working meeting took place in Kyiv between representatives of the Ministry of Strategic Industries of Ukraine and the South Korean company SsangYong Engineering and Construction Co with the aim of establishing a partnership in the creation of protective structures in kindergartens, schools, and hospitals.

The Minister of Strategic Industries, Oleksandr Kamysin, his deputies, Serhiy Boyev and Timur Tkachenko, and the head of the Department for Coordinating the Maintenance of the Civil Protection Structure Fund, Oleksandr Sanzhara, met with SsangYong's Senior Vice President Sang Hee Woo, Deputy CEO Yu Jin Kim, Manager Gam Jang, and the Executive Director of CORE Response Ukraine, Liana Khorovitska. CORE Response Ukraine is a charitable organization founded by American actor Sean Penn and funded by SsangYong.

 

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Ssangyong E&C is one of the largest construction companies in Asia. Their activities encompass all aspects of construction, including buildings, roads, subways, railways, airports, ports, dams, bridges, tunnels, and factories. The company has completed 135 projects worldwide with a total value of $9 billion USD in 20 countries, including Singapore, Indonesia, Malaysia, Saudi Arabia, Jordan, and India.

SsangYong and CORE plan to finance the construction and renovation of seven social infrastructure projects. This includes the construction of two kindergartens, two schools, and the renovation of a hospital in the Mykolaiv region, a lyceum in Mykolaiv, and a school in the city of Kharkiv.

During the meeting with representatives of the Ministry of Strategic Industries, partners from SsangYong and CORE discussed the installation of shelters in these facilities. All kindergartens, schools, and hospitals that will be built or renovated with the financial support of the South Korean company will have protective structures. These structures will be constructed or equipped in accordance with the "Iron Shelter" concept and the recommendations from the handbook developed by the Ministry.

 

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The next steps are expected in the first quarter of 2024.

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