Booyoung Group provided a total of 2.8 billion won in childbirth incentives to employees who gave birth last year.
According to the construction industry on the 5th, Booyoung Group held the '2025 New Year's Ceremony' at the Booyoung Peace Building in Jung-gu, Seoul, and supported a total of 2.8 billion won in childbirth incentives, with 100 million won for each child of employees who gave birth last year.
The childbirth incentive program of Booyoung Group was established by Chairman Lee Joong-geun to address the low birthrate issue. In its first year of implementation, last year, a total of 7 billion won was sponsored considering the years 2021 to 2023. As a result, an average of 23 children of employees benefited annually.
Chairman Lee Joong-geun said, "If the low birthrate issue in South Korea persists, we will face a national crisis in 20 years due to a decrease in the working population, and a critical shortage of defense personnel to maintain national security and order. Therefore, I decided to provide childbirth incentives as a solution."
He emphasized, "I hope that we can be a catalyst for a butterfly effect, encouraging many corporations to voluntarily support childbirth like the national bond repayment movement and gold collection campaigns in the future."
Meanwhile, Chairman Lee proposed to reinstate October 24, International Day of the United Nations, as a public holiday to express gratitude to the UN forces who fought in the Korean War and to honor their spirit of sacrifice.
The United Nations Day, commemorating the establishment of the United Nations on October 24, 1945, was designated as a public holiday in South Korea in 1950 but was abolished in 1976 as a protest against North Korea's membership in a UN organization.
Chairman Lee stated, "The Korean War was the first and only war in which UN forces from 60 countries participated after the establishment of the United Nations. The UN forces fought bravely to protect freedom and peace on foreign soil, and it is upon their sacrifice that South Korea exists today." He further noted, "However, we are gradually forgetting the sacrifices of the UN forces, and it is necessary to reassign the United Nations Day as a public holiday to instill the spirit of that era in future generations with a heart of gratitude for their sacrifices."
Earlier, on the 70th anniversary of the United Nations' founding, Chairman Lee supported the construction expenses for the monument dedicated to countries that participated in the Korean War at the War Memorial of Korea in Yongsan, Seoul, and authored a total of five historical books, including '1,129 days of the Korean War.'
Besides the internal childbirth incentive support, Booyoung Group has been actively involved in social contribution activities in various fields domestically and internationally, with total accumulated donations amounting to 1.2 trillion won to date.