Shinan-gun '1004 Island Shinan Gift Certificate' 10% Special Discount Sale

Expectations for Revitalizing Local Economy Stagnated by the Impact of 'COVID-19'

The 50,000 won 1004 Islands Shinan Gift Certificate, newly issued on the 20th (Photo by Shinan County)

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Jeonnam Sinan-gun (Governor Park Woo-ryang) announced on the 6th that from the 9th to April 30th, it will hold a 10% special discount sale event for the ‘1004 Island Sinan Gift Certificate’.

This 10% special discount event for the ‘1004 Island Sinan Gift Certificate’ is being held to support small business owners by promoting local consumption to revitalize the local economy, which has been stagnant due to the impact of ‘COVID-19’.

The currently circulated ‘1004 Island Sinan Gift Certificate’ comes in two denominations: 3,000 won and 10,000 won. Going forward, the county plans to issue a total of 18 billion won by producing various denominations such as 5,000 won and 50,000 won so that residents can use them more easily like cash.

Through agreement signing, the scope of sales agencies will be expanded so that the gift certificates, which were previously sold only at local Nonghyup banks, can also be purchased and exchanged at Sinan County Fisheries Cooperative and Sinan County Forestry Cooperative.

Registration of affiliated stores is being promoted so that the gift certificates can be used at all businesses within Sinan, including traditional markets, restaurants, supermarkets, gas stations, beauty salons, street vendors, and stalls.

A total of 7 billion won for the first and second half of the public interest allowance for farmers and fishermen, and 3 billion won for the rice management stabilization measures will be paid entirely in gift certificates, and 200 million won of customized welfare points paid to employees will be encouraged to be used early in the first half of the year, putting full effort into revitalizing the local commercial district.

Park Woo-ryang, Governor of Sinan-gun, said, “We decided to promote the special discount sale of gift certificates to share the difficulties of residents due to the spread of the novel coronavirus,” and added, “All administrative capabilities of public officials under the county will be mobilized to actively respond to COVID-19.”

This content was produced with the assistance of AI translation services.