Jungjinkong Opens Gyeonggi Nambu Branch... COVID-19 Industry Meeting

Panorama of the Small and Medium Business Corporation

[Asia Economy Reporter Kim Daeseop] The Small and Medium Business Corporation announced on the 12th that it will hold an industry meeting to respond to the COVID-19 crisis along with the opening ceremony of the Gyeonggi Southern Branch.

The opening ceremony and meeting will be held at the 4th floor of Wonhee Castle Bongdam, Bongdam-eup, Hwaseong, Gyeonggi Province, with about 10 participants including government officials, local governments, and industry representatives.

Through the opening of the Gyeonggi Southern Branch, it plans to improve policy accessibility for small and medium ventures located in the southern Gyeonggi area such as Hwaseong, Pyeongtaek, and Osan. In particular, considering the characteristic that the materials, parts, and equipment industry (63% of all companies in the jurisdiction) is concentrated, it will focus its capabilities on strengthening the regional industrial base.

In addition, it will check the damage situation and listen to difficulties of small and medium ventures located in the southern Gyeonggi area due to the recent spread of COVID-19 in Hwaseong, Pyeongtaek, and Osan. The Gyeonggi Southern Branch is currently prioritizing financial consultations for companies affected by COVID-19. It plans to continue rapid financial support by actively utilizing the Ambulanceman system for emergency support.

Jo Jeongkwon, Acting Director of the Small and Medium Business Corporation, said, "There are about 105,000 small and medium ventures in the southern Gyeonggi area, accounting for 12% of all industries in Gyeonggi Province," adding, "With the opening of the Gyeonggi Southern Branch, policy accessibility for local companies will be strengthened, and timely policy support for companies affected by COVID-19 is expected to be possible."

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