Gwangju Buk-gu Supports Operating Expenses Including Rent and Public Utility Fees for Self-Support Enterprises

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju Metropolitan City (District Mayor Moon In) announced on the 22nd that it will support operating expenses such as rent and public utility fees using social welfare funds for self-support enterprises experiencing management difficulties due to reduced consumption caused by COVID-19.

According to damage status data on self-support enterprises surveyed by Buk-gu, Company A, which operates a restaurant business, saw a 30% decrease in sales compared to January due to the cancellation of meal contracts caused by school closures, and Company B experienced a 52% decline in sales due to a sharp drop in customers.

Accordingly, Buk-gu will invest 43 million KRW of self-support funds to support six self-support enterprises in total by covering public utility fees (3 months), business site rent (3 months), and employer contributions to the four major worker insurances (3 months).

In addition, for 12 business sites receiving jeonse store loan support, the interest for the second quarter will be specially waived.

Earlier, Buk-gu provided emergency quarantine expenses to all self-support enterprises last month and is focusing on minimizing damage to self-support enterprises by actively encouraging public officials to use self-support enterprises.

Moon In, Mayor of Buk-gu, said, “I hope this support measure will be of some help to self-support enterprises striving for independence even in difficult circumstances,” and added, “We will continue to discover and promote various policies along with expanding infrastructure for the independence and self-support of low-income groups.”

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