Promise of Credit Guarantee Support for Outstanding Companies in Nonggong Industrial Complex
Chungnam Credit Guarantee Foundation and Chungnam Agricultural and Industrial Complex Council signed a business agreement to support the growth of companies residing in the agricultural and industrial complex.
Chungnam Credit Guarantee Foundation announced on the 26th that it has signed a business agreement with the Chungnam Agricultural and Industrial Complex Council to support the growth of companies located within the agricultural and industrial complexes.
This agreement was established as part of efforts to actively support companies located in the agricultural and industrial complexes, in response to the economic downturn and to promote regional economic growth, including the introduction of a specialized guarantee for manufacturing industry growth support by Chungnam Credit Guarantee Foundation this year.
Under the agreement, the council will recommend companies with growth potential within the agricultural and industrial complexes to Chungnam Credit Guarantee Foundation, which will then provide credit guarantees for the recommended companies.
Kim Dujung, Chairman of Chungnam Credit Guarantee Foundation, said, "Companies located in agricultural and industrial complexes are indispensable to the local economy, considering their job creation capacity and various economic ripple effects," and added, "Chungnam Credit Guarantee Foundation will support the growth of companies in agricultural and industrial complexes and promote a virtuous cycle in the regional economy through various support measures, including the specialized guarantee for manufacturing industry growth support implemented this year."
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