Kering Signs MOU with SDAMC and TWG Group for 'Foreign Care Worker Training'

Development of Care Education Program to Foster Job Creation and Employment Collaboration

Song Hochang, Director of SDAMC, Kim Taesung, CEO of Caring, and Lee Junhyung, CEO of TWG GROUP USA, are posing for a commemorative photo after signing a business agreement on the 19th for the foreign care workforce supply project. Photo by Caring.

Caring, a startup specializing in nursing care services led by CEO Kim Taesung, announced on the 19th that it has signed a tripartite business agreement with SDAMC, a real estate development specialist, and the US-based investment firm TWG Group to train foreign care workers and connect them with domestic employment.

Through this agreement, the companies will collaborate on training foreign care workers optimized for Korean nursing services, developing care education programs, Korean language education, job creation and employment linkage, and senior welfare housing.

Caring will be responsible for building and operating the educational infrastructure, from running training programs to connecting employment, to provide high-quality care services. Through its affiliated Caregiver Training Institute, Caring will train specialized foreign nursing care personnel with differentiated education programs and then link their employment to work at Caring’s long-term care institutions and senior welfare housing.

TWG Group, which operates development projects in Vietnam, Malaysia, and other countries, will leverage its local network capabilities to provide specialized training tailored to Korean-style nursing services for foreign care workers, Korean language and culture education, and job linkage. Additionally, SDAMC, the developer and operator of the high-end senior residence VL Le West, plans to develop senior welfare housing and explore ways to utilize foreign care workers in the future.

Caring expects this business agreement to foster cooperation in training and employing high-quality foreign care workers. Although the demand for care workers continues to rise, the domestic care workforce is steadily decreasing due to factors such as aging. In this context, Seoul City and the Ministry of Employment and Labor have turned their attention abroad, and the ‘Foreign Domestic Worker Pilot Project’ is set to be officially launched next month.

Kim Taesung, CEO of Caring, said, “In line with the government’s plan to expand the use of foreign workers to address the shortage of nursing care personnel, we have proactively signed this business agreement to establish educational infrastructure.” He added, “Using this agreement as a stepping stone, we will establish a systematic education system for training care workers and actively respond to the labor shortages in domestic long-term care institutions and senior housing in the future.”

Meanwhile, Caring is the leading nursing care company in Korea providing services such as home care and day care. Its affiliated Caregiver Training Institute operates programs for training specialized nursing care personnel and provides continuing education for caregivers.