Woori Financial Group held the opening ceremony for “Woori Financial Road,” a pilot section of the East-West Trail that connects the east and west sides of the Korean Peninsula.
Woori Financial Group and the Woori Financial Future Foundation announced on June 1 that the opening ceremony was held for “Woori Financial Road,” a pilot section of the East-West Trail that connects the eastern and western sides of the Korean Peninsula.
The East-West Trail, which crosses the Korean Peninsula, is a national project.
The trail is 849 kilometers from Uljin Geumgang Pine Forest in the east to the Facial Pine Forest in Taean in the west. Between the two are the Sokri Mountain Trail and the Naepo Cultural Forest Trail.
When it is completed in 2026 and designated as a national forest trail, visitors will be able to experience the unique history and cultures of the region, and an increase in visitors is expected to help rev up the local economy.
The opening ceremony was held at Hantijae, Uljin-gun of North Gyeongsang Province with the participation of Woori Bank CEO Lee Won-duk, Korea Forest Service Chief Nam Nam-hyun, Gyeongbuk Provincial Vice Governor Lee Dal-hee, and Uljin-gun Governor Son Byeong-bok among others.
Woori Financial Group participated in the construction of the 20-kilometer section between Howoli and Mangyangjeong in Uljin-gun, the starting point of the East-West Trail.
This section was heavily damaged by the Uljin-Samcheok wildfires, the longest wildfire in the recorded history of Korea in 2022. Although the fire threatened the pine forest in the section but the public-private sectors teamed up and successfully put out the fire.
“This year marks the 50th anniversary of Korea’s national forestation project, and we hope that the first section of the East-West Trail will give hope to local residents affected by the wildfire as a space for healing and recovery, and help the local economy recover from the wild fire,” said Lim Jong-ryong, chairman of Woori Financial Group.
Rice Donation to Social Welfare Facilities in Yeoju
Woori Financial Group announced on June 14 that it donated 14 tons of rice to social welfare facilities in Yeoju City after buying the rice with proceeds from the Woori Financial Group Championship, a golf tournament held in May.
The donation was made as part of social contribution programs of the 2023 KPGA Woori Financial Group Championship to promote win-win growth with local communities, and the vulnerable and marginalized portions of the population.
The funds were raised by collecting prize money donated by golfers who participated in the tournament and all proceeds from the sale of gallery tickets.
Woori Financial Group purchased 14.2 tons of Yeoju rice, a local specialty, and donated it to 13 welfare facilities in Yeoju City .The Woori Financial Group Championship also hosted the Tree of Hope Program.
A total of 1,269 trees were accumulated in accordance with the numbers of birdies and eagles during the tournament and will be donated to restore areas affected by wildfires.
Joint Fire Drill for Woori Financial Group IT Center
Woori Financial Group announced on June 13 that it conducted a joint fire drill with Woori FS, Mapo Fire Department, and Korea Electrical Safety Corporation on June 12 to enhance its fire prevention and response capabilities at its IT center in Seoul.
The fire drill was conducted to minimize human and property damage caused by a fire and to check the continuity of services by assuming a fire in the Woori Financial Group IT Center.
It was the first joint drill held after a business agreement on fire prevention and preparedness for financial data centers between the Financial Supervisory Service and the National Fire Agency.
Woori FS prevented the spread of a fire by quickly disseminating the situation and extinguishing the fire by cutting off battery power in the drill.
Mapo Fire Department identified an access route to the computer center in advance and extinguished the fire early.
Korea Electrical Safety Corporation ensured the stable continuation of electronic financial transactions by checking electricity supply.
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