Namgwangju Market in Dong-gu, Gwangju Joins 'Good Rent' Initiative

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Amid ongoing consumption contraction due to COVID-19, Dong-gu District of Gwangju Metropolitan City (Mayor Im Taek) announced on the 11th that the landlords of Namgwangju Market have voluntarily decided to participate in the 'Good Rent' campaign for the merchants.

This measure was prepared as a way for landlords to share the pain with market merchants. Among the 124 leased stores in Namgwangju Market, 39 stores have voluntarily agreed to reduce rent by 10-50%, and it is expected that more stores will join the rent reduction in the future.

Im Taek, Mayor of Dong-gu, said, "The rent reduction is expected to be a great help to market merchants who have been directly hit by COVID-19," and added, "Let us overcome this crisis with a spirit of community that shines even brighter through mutual trust and hardship."

Meanwhile, Dong-gu is working together to overcome the COVID-19 crisis by activating traditional markets facing difficulties due to the spread of COVID-19 through activities such as disinfection efforts by all traditional market staff in the district, purchasing goods and shopping events at traditional markets, distribution of disinfection and sterilization supplies, and encouraging all district office employees to use alleys and market restaurants.

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