Gwangju Dong-gu, Public Utility Fee Reductions for Startup Support Center Tenants

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Dong-gu, Gwangju Metropolitan City (Mayor Im Taek) announced on the 6th that it will reduce management fees, facility usage fees, and public utility charges for 21 companies within the Dong-gu Startup Support Center, which are experiencing difficulties in management due to the spread of COVID-19.

The support details include a full waiver of management fees and facility usage fees for three months starting this month, a full waiver of public utility charges up to 50,000 KRW, a 50,000 KRW reduction by the district for charges exceeding 50,000 KRW but less than 100,000 KRW with the excess amount borne by the company, and a 50% reduction of the total payment amount for charges exceeding 100,000 KRW.

In addition, the Dong-gu Startup Support Center operates a comprehensive consultation office for small business support, providing economic damage reception and consultation due to COVID-19, along with comprehensive guidance on support contents from various institutions for affected small business owners.

Im Taek, Mayor of Dong-gu, said, “I hope this will be of some help to young resident companies struggling due to the impact of COVID-19,” and added, “We will revitalize the local economy through special guarantees for local small business owners and early support for interest rate differences, and overcome the current crisis together.”

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