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“Private Donation Relay Expands”… Busan Companies Contribute KRW 3.5 Billion to Support Classical Music Development

Apr 20, 2026 22  Views
◈ A donation ceremony involving local companies will be held at 4:00 PM on April 20 in the reception room of City Hall… the donations will be used for various projects to promote culture and the arts and to establish a cultural fund

◈ Following last December’s KRW 2 billion donation by Seowon Steel Co., Ltd. and Futronics Co., Ltd., the donation relay continues… continuous private-sector cultural support secures growth momentum toward becoming a global cultural city

◈ Mayor Park stated, “Following the donations by Seowon Steel and Futronics in December 2025, this large-scale contribution from local companies goes beyond simple corporate support and represents an investment in Busan’s cultural future,” adding, “It is expected to expand citizens’ opportunities to enjoy culture and serve as a foundation for Busan to leap forward as a world-class cultural city”
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Busan Metropolitan City (Mayor Park Heong-joon) announced that it will hold a donation ceremony at 4:00 PM on the 20th in the reception room of City Hall, with participation from local companies.


At this ceremony, local companies will deliver a total of KRW 3.5 billion in donations to the Busan Classical Culture Foundation, a nonprofit organization established to promote classical culture in Busan.


The event is being held to support the development of classical culture in Busan and to expand opportunities for citizens to enjoy cultural experiences. Attendees are expected to include Mayor Park Heong-joon, Foundation Chairman Ko Jin-ho, and Director Shin Jung-taek.


This occasion has been arranged following previous donations and reflects the growing voluntary participation of local companies, with numerous corporations and individuals joining the donation effort.


These corporate donations will be delivered to the Busan Classical Culture Foundation, which was established to promote classical culture in Busan. The foundation plans to use the funds for various initiatives aimed at revitalizing local culture and the arts and establishing a sustainable cultural fund.


The Busan Classical Culture Foundation is a private-sector-led cultural foundation established in connection with the opening of the Busan Concert Hall and the development of the Busan Opera House. It plans to carry out a wide range of projects, including support for classical performances, cultural and arts education, and music-sharing initiatives for culturally underserved groups.


Previously, in December 2025, Seowon Steel Co., Ltd. and Futronics Co., Ltd. donated a total of KRW 2 billion to the Busan Classical Culture Foundation, providing initial momentum for the development of local culture and the arts.


This additional round of donations is significant in that it extends beyond a limited number of companies and demonstrates a trend of expanding participation across the broader regional industry, indicating the gradual growth of a private-sector-led cultural sponsorship base.


The city plans to strengthen the competitiveness of classical content centered on the Busan Concert Hall and the Busan Opera House by linking such private donations with public policies, and to create an environment where all citizens can enjoy high-quality cultural and artistic experiences.


Meanwhile, the foundation intends to continue expanding the scale of donations and to progressively promote initiatives such as support for local performance production, development of internationally competitive programs, and projects to broaden the base of cultural participation.


Mayor Park Heong-joon stated, “Following the donations by Seowon Steel Co., Ltd. and Futronics Co., Ltd. in December 2025, this large-scale support from local companies goes beyond simple corporate assistance and represents an investment in Busan’s cultural future,” adding, “It is expected to expand opportunities for citizens to enjoy culture and serve as a foundation for Busan to advance as a global cultural city.”

This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.