POSCO Group Chairman Choi Jeong-woo discusses reconstruction cooperation with Ukrainian lawmakers visiting Korea

2023-10-08 06:00:25

In March of this year, the group launched the ‘Ukraine Reconstruction TF’ and promoted participation in five business areas including steel, food, and infrastructure… Parallel humanitarian support

Exploring ways to utilize steel modular homes that can dramatically shorten the construction period

POSCO Group Chairman Choi Jeong-woo met with a delegation of Ukrainian lawmakers visiting Korea at the POSCO Center in Seoul on the 6th and discussed ways to cooperate in the Ukraine reconstruction project.

Ukrainian lawmakers Andriy Nikolaenko and Representative Serhiy Taruta, who visited Korea at the invitation of the Korean-Ukrainian Parliamentary Friendship Association, visited the POSCO Center as part of a corporate visit to discuss post-war reconstruction projects and had a friendly chat with Chairman Choi Jeong-woo. Ukrainian Ambassador to Korea Dmytro Ponomarenko also attended the meeting.

On this day, Chairman Choi said, “The Korean government has a firm commitment to the Ukraine reconstruction project, and Korean companies, including POSCO Group, are also actively participating, so the solidarity between the two countries will be further strengthened.” He added, “The reconstruction project will be carried out at the same time as the end of the war.” “We will work on the reconstruction project by concentrating all of POSCO Group’s capabilities so that we can get started,” he said.

In response, Rep. Andriy Nikolaenko said, “I think POSCO Group is the best partner in rebuilding Ukraine, which was wounded by war, and further building a new Ukraine.” “We will actively work to ensure that our cooperation yields results,” he responded.

POSCO Group launched the ‘Ukraine Reconstruction TF’ in March of this year and is currently promoting participation in reconstruction projects in five business areas: steel, food, secondary battery materials, energy, and infrastructure, and supporting education for future generations. We also plan to accelerate cooperation at the humanitarian level.

In the steel business, cooperation in various fields such as energy generation for steel production and eco-friendly iron making is promoted through the Ukrainian government’s ‘Steel Reconstruction Program’, and in the food business, POSCO International is operating a grain terminal in Mykolaiv Oblast, Ukraine, since 2019. While continuing to expand sales, we are also considering business cooperation in the secondary battery materials and energy fields with local companies.

Related Articles:  Credit Suisse's endless battle against a Georgian oligarch

Regarding infrastructure projects, we plan to explore ways with the governments of both countries to utilize steel modular housing, which can dramatically shorten the construction period, in reconstruction projects.

Modular is an innovative construction method that allows 70-80% of the process to be pre-fabricated at the factory and then quickly constructed on-site. The construction period can be shortened by up to 60%, and reuse and recycling are also possible. The Ukrainian lawmakers visited Gwangyang on the 7th, the day after the meeting, toured the Gwangyang Gigatown (POSCO employee living center), a 12-story high-rise building using modular construction methods, and showed interest in modular housing.

Meanwhile, POSCO Group is also focusing on supporting the educational environment for future generations in Ukraine, which is experiencing difficulties due to the prolonged war. Through the Global Young Leaders Program, POSCO Group provides outstanding university students in Ukraine the opportunity to participate in a one-year POSTECH exchange student program.

1696748494
#POSCO #Group #Chairman #Choi #Jeongwoo #discusses #reconstruction #cooperation #Ukrainian #lawmakers #visiting #Korea

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.