Uiryeong Yongdeokmyeon and Cheongho Environmental Industry Sign Public-Private Agreement on Childbirth Encouragement Fund

1 million won for the first child, 2 million won for the second,
and 5 million won for the third and subsequent children

Cheongho Environmental Industry, a local company based in Yongdeokmyeon, Uiryeong County, South Gyeongsang Province, has decided to provide childbirth congratulatory funds for newborns born in Yongdeokmyeon.

According to Uiryeong County on July 3, Yongdeokmyeon and Cheongho Environmental Industry held a public-private cooperation agreement ceremony for the "Happy Childbirth Encouragement Fund Support Project" on June 26, and officially launched the initiative on July 1.

Yongdeokmyeon Happy Childbirth Encouragement Fund Public-Private Cooperation Agreement Ceremony. Provided by Uiryeong County

The support fund amounts to 1 million won for the first child, 2 million won for the second, and 5 million won for the third and subsequent children. This applies to newborns born in Yongdeokmyeon on or after July 1, 2025. Eligible families are those who have been registered residents and have lived in Yongdeokmyeon for at least six months prior to the birth date.

In Yongdeokmyeon, Uiryeong County, the number of births was five in 2022, three in 2023, and only one last year, showing a yearly decline.

Goo Kanghoe, head of Yongdeokmyeon, said, "This is a meaningful first step in which the local community and businesses in Uiryeong County are joining hands to address the low birth rate issue," and added, "Thanks to the warm interest and support from Cheongho Environmental Industry, a new opportunity has been created to increase the population of Yongdeokmyeon."

Meanwhile, Cheongho Environmental Industry attracted significant attention in April when it became the first company in Uiryeong County to regularly provide childbirth congratulatory funds to employees and their spouses who have given birth.

Uiryeong County welcomes Cheongho Environmental Industry's support for childbirth as an attempt to address the low birth rate issue through private sector participation, rather than relying solely on the public sector.

The county is also considering providing incentives to companies that are friendly to childbirth and child-rearing over the long term.