Mokpo Mayor Kim Jong-sik Joins Hope Relay Campaign for Good Rent Movement

So far, 35 Private Landlords Participated in Rent Reduction for 328 Stores
Expanding to Public Institutions such as City Shared Property, Mokpo Suhyup, and Mokpo Nonghyup

(The third from the right) Kim Jong-sik, Mayor of Mokpo City, participated in the Hope Relay Campaign for the Good Rent Movement. (Photo by Mokpo City)

[Asia Economy Honam Reporting Headquarters Reporter Park Ki-dong] Mokpo City, Jeonnam, announced that Mayor Kim Jong-sik joined the 'Good Rent Hope Relay Campaign' on the 21st to support local small business owners struggling due to COVID-19.

The Good Rent Hope Relay Campaign began as a movement spreading nationwide, where landlords voluntarily reduce rents to ease the burden on small business owners amid the prolonged COVID-19 pandemic, which has worsened the management difficulties of self-employed and small business owners.

Mayor Kim Jong-sik said, "I deeply appreciate the good landlords who have come together to support each other in difficult times through this relay campaign," and added, "Those who participate are supported with property tax reductions, so I hope more landlords actively join to bring hope to struggling small business owners."

Meanwhile, in Mokpo City, starting with the first good landlord on the 9th of last month, a total of 35 good landlords have reduced rents for 328 stores so far.

In the public sector, the city has reduced fees for public parking lots and lowered rents for public properties. Additionally, seven public institutions, including the Mokpo Venture Ceramic Center and Mokpo Fisheries Cooperative, have joined in rent reductions. Mokpo Nonghyup has also decided to reduce the monthly rent by 30% for three months for 19 tenant stores.

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