Guri Urban Development Corporation Secures Financial Soundness Through Mid- to Long-term Financial Management Plan

[Suwon Ilbo=Reporter Um In-yong] Guri Urban Development Corporation (hereinafter referred to as the Corporation) has completed the establishment of a '2025-2029 Mid- to Long-term Financial Management Plan' to prepare a sustainable business foundation and is strengthening systematized risk management, drawing attention to its future prospects.

On the 19th, the Corporation held an expanded risk management meeting with external accounting experts and a final report meeting on mid- to long-term financial management plan, confirming financial forecasts for the next five years and risk management measures by scenario.

To enhance the sophistication and expertise of the risk management system, the Corporation has formalized the 'Financial Risk Management Expanded Meeting' with external experts' participation to be held three times annually.

Through this, the Corporation has created an objective decision-making system that periodically analyzes key financial indicators such as stability and profitability, and establishes company-wide response measures for changing situations.

The mid- to long-term financial management plan includes phased funding methods aligned with major development project roadmaps, minimizing uncertainties that may arise when undertaking large-scale projects.

The Corporation plans to establish a virtuous cycle by reinvesting future revenue in regional development.

Kim Young-do, General Manager of the Corporation, stated, "Through a systematic risk management system, we will secure financial soundness and do our best to lead Guri City's development as a public enterprise trusted by citizens."