Haesung DS Co., Ltd. (CEO Cho Byung-Hak), a subsidiary of Haesung Group located in the South Korea, has signed a memorandum of understanding (MOU) with the international relief and development NGO World Share to support schools in the Philippines.
The signing ceremony, held on November 14 at the office of the Department of Social Welfare and Development (DSWD Region 3) in Central Philippines, was attended by Haesung DS headquarters and its Philippine subsidiary, World Share’s Philippine branch, and DSWD Region 3 officials. Under the agreement, Haesung DS and World Share will each provide annual funding of 10 million KRW to improve school facilities and support children in need. This year, the initiative includes the provision of school supplies and daily necessities to students at Sitio Target Integrated School and the improvement of water sanitation facilities at Calumpang Elementary School.
Since 2016, Haesung DS has collaborated with World Share to assist underprivileged children in Thailand, the Philippines, Indonesia, and Malaysia. Last year, the company also contributed to emergency relief efforts following the earthquake in Türkiye. This school support project is part of Haesung DS’s community engagement efforts in partnership with its Philippine subsidiary, established in 2022. The supported schools and regions were selected through discussions with DSWD Region 3.
The regional Director of DSWD Region 3 welcomed the expansion of support from Zambales to Pampanga province. She stated, “It is highly meaningful that Haesung DS, which has operations in the Philippines, is partnering to support children in this region. We look forward to continued collaboration in the future.”
The general Manager of Haesung DS Philippines affirmed, “Following the headquarters’ spirit of service and sharing, we will spare no effort to support local schools and children. We will actively work with the Philippine government and World Share to carry out meaningful initiatives.”
The executive Director of World Share expressed gratitude, saying, “We deeply appreciate Haesung DS for joining us in efforts to support children in the Philippines. We will continue working together to reach more children in need.”