Selection of 26 Project Districts in the Province... Strengthening Resident Self-Reliance to Foster Social Economy Enterprises

On the 16th, Gyeongnam Province held an 'Introductory Training for Village Enterprises on the Go' for residents of the southern region of Gyeongnam at Geoje City Hall Blue City Hall. (Photo by Gyeongnam Province)

On the 16th, Gyeongnam Province held an 'Introductory Training for Village Enterprises on the Go' for residents of the southern region of Gyeongnam at Geoje City Hall Blue City Hall. (Photo by Gyeongnam Province)

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[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Gyeongnam Province announced on the 16th that it conducted a ‘Visiting Village Enterprise Introductory Education’ for residents of the southern region of Gyeongnam at the Geoje City Hall Blue City Hall.


About 100 people attended this education, including residents from the urban regeneration areas of Gohyeon, Okpo, and Jangseungpo in Geoje City, as well as applicants from Tongyeong City and Goseong County. The program covered understanding village enterprises, discovering village resources, and establishing business plans.


This project was part of an urban regeneration initiative carried out from 2014 to 2019, with 26 project districts selected within the province. Among them, the Odong-dong area in Changwon City, which was first designated and completed as a pilot urban regeneration project in 2014, saw the creation of spaces such as pedestrian streets, public parking lots, Changdong Art Village, and the Creative Craft Village Street.


Currently, organizations such as the Changdong Art Village Corporation and the Changwon Commercial Area Revitalization Foundation are conducting various cultural projects to revitalize the region. However, voluntary community projects led by local residents remain somewhat insufficient. Accordingly, Gyeongnam Province plans to foster social economy enterprises led by residents before the completion of urban regeneration projects to enhance residents’ self-sustainability.


To this end, since April, the Social Economy Promotion Team, together with the Urban Planning and Urban Regeneration Departments, has visited four areas?Changwon, Gimhae, Tongyeong, and Geoje?to explore ways to nurture urban regeneration area resident councils into social economy enterprises.



Jang Jae-hyeok, head of the Gyeongnam Province Social Economy Promotion Team, stated, “We will guide urban regeneration area resident councils to enter social enterprises and village enterprises. By promoting self-reliance through various financial support projects, we aim to further activate Gyeongnam’s urban regeneration projects.”


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

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