Hwaseong Urban Corporation Launches with Merger of Hwaseong City Facilities Management Corporation

Hwaseong Urban Corporation and Hwaseong City Facilities Management Corporation have merged.

The newly integrated corporation has been named Hwaseong Urban Corporation, and Lee Seung-chul, former head of Hwaseong City Facilities Management Corporation who was appointed on June 1, has taken the position of president.

Newly appointed President Lee Seung-chul stated, "I will designate 2011 as the pioneering year for advancing public enterprise management innovation and will do my utmost to enhance profitability and service quality." He added, "Through building an efficient management system including the operation of advisory committees utilizing external experts and implementing public enterprise management consulting, I will develop Hwaseong Urban Corporation into a world-class public enterprise."

The newly launched integrated Hwaseong Urban Corporation plans to establish its headquarters at the Hwaseong Comprehensive Sports Town. The organization will undergo restructuring to form a performance-oriented enterprise team system comprising 3 divisions and 14 teams, combining the existing 2 divisions and 13 departments from the Facilities Management Corporation and 1 headquarters, 2 divisions, and 6 teams from the existing Urban Corporation.

As the corporation's and corporation's business areas will merge, Hwaseong Urban Corporation will undertake not only existing land development, housing, and construction projects, but also commission and operation of public facilities such as the Comprehensive Sports Town, National Sports Center, and municipal libraries.

Additionally, to enhance profitability for financial soundness, the corporation plans to newly establish a marketing team and create a team for the operation of the Comprehensive Sports Town.

Hwaseong Mayor Chae In-seok stated, "Hwaseong Urban Corporation has the mission to support citizens in leading happy lives through building a city where citizens can live comfortably and providing the highest quality public services." He urged the corporation to "be reborn as a world-class public enterprise that is trusted by citizens."