People Power Party Lawmaker of the National Assembly's Industry Committee Visits Typhoon Damage Site in Pohang, Promises Support

Typhoon Hinnamnor Causes Severe Damage: Assessing Conditions of Businesses and Ocheon Market, Discussing Support Measures

Meeting with Local Economic Leaders and Affected Business Representatives to Gather Opinions for Recovery Efforts

Power and Resources Committee member of the National Assembly from the People Power Party visits typhoon damage site in Pohang and promises support.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] On the 13th, members of the People Power Party in the National Assembly's Industry, Trade, Energy, Small and Medium Enterprises Committee visited traditional markets and business sites in Pohang, which suffered unprecedentedly large and widespread damage due to Typhoon ‘Hinnamnor’.

On this day, Han Mookyung, the committee's secretary from the Industry Committee, along with National Assembly members Yang Geumhee, Koo Ja-geun, Eom Taeyoung, Lee Inseon, and local member Kim Byungwook, inspected the heavily damaged Ocheon Market, Hyundai Steel, and affected small and medium enterprises.

First, they toured the damage sites of merchants in Ocheon Market, which was flooded due to heavy rain, and nearby small business owners, listened to their opinions on-site, and comforted the residents.

Next, they visited Hyundai Steel, received a briefing from factory officials on the damage and recovery status, and inspected the ongoing restoration work to normalize the factory operations.

They then held a meeting with local economic figures and representatives of affected companies at the Pohang Steel Industrial Complex Management Corporation to gather opinions from damaged companies and local businesspeople.

The meeting was attended by Lee Dalhee, Deputy Governor for Economy of Gyeongbuk Province; Baek Unman, Head of the Daegu-Gyeongbuk Regional Small and Medium Venture Business Administration; Moon Choongdo, Chairman of the Pohang Chamber of Commerce and Industry; Jeon Ikhyun, Director of Pohang Steel Management Corporation; Park Seungdae, Chairman of the Gyeongbuk Northeast Employers Association; Cheon Siyul, Deputy Director of POSCO Pohang Steelworks; Na Juyeong, Chairman of Jeil Technos; Hong Seongman, CEO of Nextil; Kim Gihwan, Manager of Hyundai General Metals; and Park Cheolsu, CEO of TG Tech, who shared various opinions on recovery efforts.

Mayor Lee Kangdeok explained the typhoon damage status and recovery progress at the meeting and proposed urgent recovery measures including ▲designation of the industrial crisis preemptive response area ▲funding support for emergency replacement of electrical supply facilities in flood-damaged apartment complexes ▲and a national budget support of 10.3 billion KRW for small business support.

After the meeting, the lawmakers also visited small and medium enterprises affected by flooding in the steel industrial complex to assess the situation on-site and confirm the needs for recovery.

Assembly member Han Mookyung said, “I visited Pohang to confirm the damage sites in order to promote concrete recovery measures,” adding, “As the ruling party, we will ensure that the designation of the industrial crisis preemptive response area and the measures proposed and discussed at the meeting are promptly implemented, and we will stand with Pohang until it overcomes the crisis and rises again.”

Mayor Lee Kangdeok stated, “Due to the heavy rain caused by the typhoon, traditional markets, small business owners, and companies in the steel complex have suffered enormous damage, and urgent measures must be taken promptly for swift recovery and normalization,” and requested, “The public, private sectors, military, and companies are cooperating to restore the damage as quickly as possible, and we ask for united efforts to ensure that necessary measures at the site are implemented without delay.”