Government bestows awards on 53 businessmen

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Government bestows awards on 53 businessmen

Fifty-three executives of foreign companies and foreign investment firms were awarded by the Korean government for economic contributions to the country, creating jobs and boosting industrial competitiveness.

S-Oil CEO Nasser Al-Mahasher received the Gold Tower Order of Industrial Service Merit for his contribution by building oil refining and petrochemical facilities worth about 5 trillion won ($4.4 billion) and participating in a state-led project to develop Ulsan into an oil trade hub for Northeast Asia.

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