On Jan. 13, the Korea Public Policy Evaluation Association (Chairperson Park Byung-sik) and the Construction Finance Association Promotion Committee (Chairperson Oh Byung-joo) officially signed a business cooperation and mutual support agreement at a conference room in WeWork (Samseong Station) to foster the co-growth of public policy and the construction finance industry.
The agreement was attended by Secretary General Lee Hyun-ki, Advisor Cho Wol-je, Director General Kang Nam-kyu, and others, aiming to combine the specialized capabilities and networks of each organization to present a new paradigm of cooperation and to achieve sustainable outcomes, while also appointing Chairperson Park Byung-sik, Director General Cho Seong-gap, and Director General Park Hyung-kyu as permanent members of the Construction Finance Association Promotion Committee.
The effectiveness of the agreement will be maintained for three years from the date of signing and can be extended by mutual agreement of both organizations as needed. Regular councils will be held to discuss major issues and continuously seek new cooperation methods for the implementation and performance evaluation of the agreement.
Chairperson Park Byung-sik stated at the signing ceremony, "This agreement is a turning point for both organizations to join forces towards a common goal," and noted, "We will create a wave of innovation in public policy and the construction finance sector through practical cooperation cases." Chairperson Oh Byung-joo also emphasized, "We will provide tangible value to both the industry and the public by implementing a collaboration model that combines the expertise of both institutions through this agreement."
Regarding this agreement, James Jin, Chairman of (Foundation) Dream Big, remarked, "I hope that the two organizations will play an important foundational role in making the construction finance sector fair and trustworthy through their cooperation."
This agreement is expected to establish itself as a new development model by building a mutually complementary relationship across the entire public policy and construction finance industry, going beyond simple business cooperation.
Meanwhile, the Korea Public Policy Evaluation Association comprises about 5,200 current policy planning officials and legislators, as well as 5,200 university professors, and is an organization that evaluates various government policies.