By Kim Yoo-chul
The Asan Foundation, run by the Hyundai Group, opened a new facility Tuesday that will serve as the headquarters for the organization’s efforts to help college graduates find jobs or start businesses.
The 10-story building, called the Chung Ju-yung Business Center after the late-Hyundai founder, will be located on the campus of Soongsil University in Seoul.
“This is a rare level of investment by a private firm. We expect to run various programs for young jobseekers to connect them with quality jobs or encourage them in entrepreneurship,” said an Asan official.
With heightened uncertainty surrounding the world economy threatening Korea’s fragile recovery, the country’s job market remains bleak, particularly for graduates. The situation isn’t expected to get any better in the foreseeable future.
The official said the group’s job center will play an integral part in its upcoming corporate social responsibility (CSR) activities.
The center plans to provide customized programs for graduates and businesses in specific industrial centers along with career consultancy and mentoring.