▲ President and CEO Chris E. Wallace of GILCCC (far right) and President Charles Ko of GDKACC signed an MOU last Monday March 26th at the GILCCC’s Irving office.
[Original post date: March 29, 2012]
The Greater Dallas Korean American Chamber of Commerce (GDKACC) embarked on a new era by signing an MOU with the Greater Irving-Las Colinas Chamber of Commerce (GILCCC).
GDKACC President Charles Ko, accompanied by Project Manager James Lee and Executive Vice President Laura Chang of GDKACC, visited the GILCCC’s office in Irving last Monday March 26th.
Ko met with GILCCC’s President and CEO Chris E. Wallace and signed the MOU between the two organizations to form what is described by both organizations as "a great partnership."
According to President Wallace, the MOU lays the foundation for collaboration between the members of the two organizations.
President Charles Ko also praised the MOU by saying that it will help GDKACC and Korean-American businesses to expand beyond their current scope. Ko also emphasized that it gives GDKACC a chance to become a valuable partner to GILCCC.
Step in the new and right direction for GDKACC
GDKACC has long been working vigorously to promote Korean-American business growth in Dallas. The MOU with the GILCCC is certain to boost GDKACC’s role and help its members take on new opportunities.
GILCCC boasts 1,600 to 1,800 members. It’s known to be the first 5-star chamber of commerce. GILCCC plays an important role in Las Colinas, which is home to 5 of the Fortune 500 companies.
Charles Ko said "It’s not easy for a small chamber of commerce like GDKACC to work with a powerhouse such as GILCCC as a partner. GILCCC has a long history and strong organization. Our partnership will definitely help Korean-American businesses expand their presence into the mainstream industries."
Already producing results
Even before the MOU signing, GILCCC had been extremely instrumental in helping a South Korean company knock on the opportunities here in the U.S.
According to President Wallace of GILCCC, a South Korean infrastructure company was able to open up talks with one of it member companies regarding a deal worth hundreds of millions of dollars.
Executive Vice President Laura Chang of GDKACC said that the MOU signing marks the first time a major chamber and an ethnic minority chamber became a partners. Chang hopes that GDKACC can be instrumental in helping GILCCC join with a South Korean sister city. GILCCC currently has 6 international sister cities and hopes to increase that number to 7. According to Joseph R. Chapa, the executive director of GILCCC, Jeju and In-Chon are two of the possible candidates.
After the MOU signing, President Charles Ko of GDKACC told the Korean-American reporters that he was grateful for the opportunity to work with a classy and powerful organization like GILCCC and hoped that the relationship would benefit both GDKACC and GILCCC.
Tony Chai / firstname.lastname@example.org