Kibo Signs MOU with KAMCO and Busanjin Fire Station to Realize 'Social Safety Value'

Supporting Local Communities Through Traditional Market Safety Activities and Joint Program Operations

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Kibo, Chairman Jung Yoon-mo) announced on the 23rd that it signed a business agreement to realize social safety values with the Korea Asset Management Corporation (KAMCO, President Moon Sung-yu) and the Busanjin Fire Station (Chief Choi Dae-bung).

In preparation for Chuseok, Kibo and KAMCO donated about 500 standalone smoke detectors to prevent fires in traditional markets, which are vulnerable to fire, and the Busanjin Fire Station will distribute them to Busanjin Market and Jayu Market, representative traditional markets in Busan. Traditional markets have a high risk of fire due to frequent access by unspecified many people and the concentration of aging stores, so the need for installing detectors for rapid fire detection has been emphasized as fires could lead to major accidents.

In addition, Kibo operates a "Visiting Life Safety Education and Life Safety Inspection" program targeting welfare centers and elementary schools, directly visiting safety-vulnerable groups such as the elderly and children to provide education on how to act in case of disasters and emergencies, and also supports safety supplies.

Yoon Beom-su, director of Kibo, stated, "Kibo will continue to strive to share its safety management capabilities with the public to realize national safety values," adding, "We plan to further expand safety culture programs based on local residents and communities."