KT&G launched a “Sangsang Village” project that improves the housing environment of overseas low-income families, the company said.
First, KT&G will fund 640 million won (US$594,246) over 12 months to improve the overall living conditions by rebuilding 40 homes, building public toilets, and fixing drainage systems in Surabaya, Indonesia, the company said. The company also planned to provide finance and hygiene education, it said.
Ji Hyo-suk, director of the social contributions sector of KT&G, said the company has been donating 2 percent of its revenue annually, which is over 10 times the average of the top 100 South Korean companies. The company will continually support overseas low income classes, he said.