Sejong Public Property Rent at 'Half Price'... Benefits for Doream Village and Hosu Park Shops

[Asia Economy (Sejong) Reporter Jeong Il-woong] Sejong City is reducing rental fees for local public property to help small business owners struggling due to the spread of the novel coronavirus infection (COVID-19).

The city recently held a Public Property Deliberation Committee meeting and announced on the 12th that it decided to support 50% of the usage fees for small business tenants using city-owned facilities for six months (February to July).

This support is being promoted as part of livelihood and economic support measures in response to the spread of COVID-19. Through this, 49 small business owners, including those in the Doream Village 7 and 8 complex shopping areas and business facilities within Sejong Lake Park, are expected to benefit from rent reductions.

Along with this rent support, the city plans to extend the lease period by the amount of time the business was unable to operate due to closure orders or suspensions caused by COVID-19.

Jung Jin-ki, the city’s budget officer, said, “We hope that the support for public property rental fees will help small business owners affected by COVID-19 overcome their economic difficulties, even if only a little.”

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