Gwangjin-gu, 50% Reduction in Road Business Facility Lease Fees

Reflecting Difficulties in Operating Street Business Facilities Due to Decreased Foot Traffic... 50% Reduction in Lease Fees and Payment Deadline Extended to August

Business facilities on the sidewalk near Konkuk University Station entrance

[Asia Economy Reporter Jong-il Park] Gwangjin-gu (Mayor Kim Seon-gap) is supporting operators of sidewalk business facilities who have suffered from reduced consumer activity due to the prolonged COVID-19 pandemic.

Sidewalk business facilities are facing difficulties due to the sharp spread of COVID-19 and the implementation of 'social distancing,' which has led to a decrease in foot traffic.

Accordingly, the district has decided to reduce the lease fee by 50% for the first half of the year and defer the payment deadline until August, in accordance with Seoul City's support policy. Businesses will receive an average support benefit of 134,000 KRW per location.

The targets are 66 locations such as street vending stands and shoe repair stands installed on sidewalks within the district. These are places authorized for operation based on the Seoul Metropolitan Government Ordinance on the Management of Sidewalk Business Facilities, with lease contracts signed annually on a one-year basis.

Operators who have already paid the lease fee for this year can submit a refund application by visiting the Gwangjin-gu Office's Street Landscape Division by June 5, or by mail or fax.

Operators who have not yet paid can receive a reissued reduced invoice and pay by August.

For detailed inquiries, contact the Gwangjin-gu Office Street Landscape Division.

Kim Seon-gap, Mayor of Gwangjin-gu, said, “Due to the prolonged COVID-19 situation, street foot traffic has decreased, causing significant economic difficulties for operators of sidewalk business facilities. We are supporting them by reducing lease fees and deferring payments. We also plan to support reductions in road occupancy fees in the future, hoping this will provide some help and become an opportunity for us to overcome the crisis together.”

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