Seodaemun-gu, Selected Consecutively for Traditional Market Support by the Ministry of SMEs and Startups

Secured 820 Million Won in National Funds... Voucher Support and Smart Pilot Shopping District Initiatives 추진

Mun Seok-jin, Mayor of Seodaemun-gu, visiting Yeongcheon Market to inspect COVID-19 quarantine measures. Including Yeongcheon Market, three traditional markets and one shopping street in Seodaemun-gu were consecutively selected in the Ministry of SMEs and Startups' public contest.

[Asia Economy Reporter Park Jong-il] Seodaemun-gu (Mayor Moon Seok-jin) announced on the 18th that three traditional markets and one shopping district in the area were recently selected six times in various contests supported by the Ministry of SMEs and Startups for traditional markets and shopping districts.

According to the district, ▲Yeongcheon Market ▲Yujin Shopping Center ▲Pobangteo Market ▲Sinchon Shopping District were selected as targets for the ‘Market Management Voucher Support Project.’

This project supports marketing activities such as providing prizes and discounts to attract customers.

Additionally, Yeongcheon Market was selected for the ‘Safety Management Package Project’ for repairing old electrical wiring, and Sinchon Shopping District was selected for the ‘Smart Pilot Shopping District Project’ to lead the transition to a non-face-to-face digital economy.

The Smart Pilot Shopping District receives focused support for 4th Industrial Revolution information and communication technologies for small business owners’ management and service innovation, including smart mirrors using VR (Virtual Reality) and AR (Augmented Reality), and robots that assist with serving and cooking.

Seodaemun-gu plans to actively utilize the total national funding of about 820 million won secured through these achievements to revitalize the local commercial district, which has been depressed due to the novel coronavirus infection (COVID-19).

Although not selected for this ‘Market Management Voucher Support Project,’ other traditional markets in the district, such as Baekryeon Market and Inwang Market, will also be supported to hold sale events.

Moon Seok-jin, Mayor of Seodaemun-gu, said, “Since several traditional markets and shopping districts in the district have been selected as targets for various government supports, we expect it to be very helpful in revitalizing the commercial district. We will also do our best to create a safe purchasing environment through thorough quarantine measures until COVID-19 ends.”

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