Business · Companies · 1 hr ago
KAMCO expands jobs and safety programs in Busan
KAMCO is expanding community programs in Busan, where the South Korean public asset management agency moved its headquarters in 2014.
Since the move, it has hired 1,209 new employees, including 335 people from the region, and last year 36.9% of its hires from the region were local talent.
The agency also supports local businesses and young people through a fund for social economy enterprises and training for university students.
Its “Nara ON” program has turned four unused public sites into workplaces for older people and facilities for people with developmental disabilities.
Safety projects help vulnerable residents, including fire-prevention equipment for 900 households and temporary accommodation support for women affected by violence.
KAMCO says it will keep creating local opportunities and using its expertise for community programs.
KAMCO says it has expanded jobs and safety programs in Busan since moving its headquarters there in 2014.
It has hired 335 local applicants among 1,209 new employees recruited since the move.
Its programs include repurposing unused public property for jobs and community facilities, and supporting local businesses and young people.
KAMCO has also backed safety measures for vulnerable households, women affected by violence and students.
The company says it aims to use its expertise to support the local community.
- Who
- Korea Asset Management Corporation (KAMCO).
- What
- It is expanding local employment, community support and safety programs.
- When
- Since moving its headquarters to Busan in 2014; the article was published on October 26, 2026.
- Where
- Busan, South Korea.
- Why
- KAMCO says it seeks to support the local community and help vulnerable groups.
This story does not have two clearly opposing sides.
KAMCO moved its headquarters to Busan with 598 employees.
KAMCO opened the first site in its 나라 ON program, converting the former Deokpo police substation into community facilities.
KAMCO worked with the Busan Metropolitan Police Agency to support temporary accommodation for women affected by violence.
KAMCO provided electrical fire-prevention kits to 900 low-income and safety-vulnerable households in Busan.
KAMCO held a safety event for about 100 students at specialized high schools in Busan.
- Local hires
- 335 of 1,209 new employees hired since the 2014 headquarters move
- Local hiring rate
- 36.9% in Busan last year, above the government guideline of 30%
- BEF fund
- 1.17 billion won raised with seven other public institutions in Busan
- 나라 ON sites
- Four sites converted into senior workplaces and facilities for people with developmental disabilities
- Fire-prevention kits
- Delivered to 900 households in Busan in May 2026
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What people are saying
Since KAMCO moved to Busan, its growth has been possible thanks to the attention and support of the local community.
We will provide more opportunities to local talent and fulfill our responsibility as a leading public institution that lives in harmony with the local community through various social contribution projects that use KAMCO’s professional expertise.