Dongjak-gu Selected for 6 Traditional Market Revitalization Projects in 2021 Public Contest

Cultural Tourism Projects and Parking Improvements Planned for 4 Traditional Markets Including Namseong Sakae, Seongdae, Sangdo, and Namseong Station Alley Market... Ministry of SMEs and Startups Secures 863 Million KRW Through Seoul City-Led Traditional Market and Shopping District Revitalization Contest

[Asia Economy Reporter Jongil Park] Dongjak-gu (Mayor Changwoo Lee) announced on the 2nd that six projects were selected in the 2021 Traditional Market and Shopping District Revitalization Support Project contest hosted by the Ministry of SMEs and Startups and Seoul City.

The six projects include those hosted by the Ministry of SMEs and Startups: ▲Cultural Tourism Infrastructure Construction ▲Parking Environment Improvement ▲Market Management Voucher Support Project, and those hosted by Seoul City: ▲Sky Awning Installation ▲Customer Support Center Solar Power Installation ▲Old Wiring Maintenance.

The district will invest a total of 863 million KRW, including national and city funds secured through the contest selection, to provide customized development support for four markets in the area: Namseong Sagye Market, Sangdo Traditional Market, Seongdae Traditional Market, and Namseong Station Alley Market.

First, up to 500 million KRW will be invested by next year in Namseong Sagye Market as part of the second year of the cultural tourism-type project selected to link the characteristics of traditional markets with local resources.

They plan to develop tourism content utilizing local festivals and historical resources, operate market exploration courses, and build cultural tourism infrastructure where sightseeing, food, and entertainment coexist.

Additionally, to create a comfortable shopping environment unaffected by weather, a sky awning (designed public canopy) measuring 5m in width and 6m in height will be expanded and installed along a 60m summer street section of Namseong Sagye Market.

On the rooftop of the Namseong Sagye Market Customer Support Center, 28 solar modules will be installed to improve energy efficiency in the center’s smart health zone and small library. Furthermore, by maintaining old wiring, indoor wiring, and outlets in individual stores and replacing LED lights in 111 stores, market competitiveness will be strengthened.

Along with this, the district will improve the parking environment for traditional markets with limited parking spaces. By promoting a private parking lot usage subsidy project, a total of 220 parking spaces will be secured?70 spaces at Seongdae Traditional Market and 150 spaces at Namseong Station Alley Market?and usage fees for nearby private parking lots will be supported for visitors using the markets.

To revitalize traditional markets depressed by COVID-19, Sangdo Traditional Market will be supported through the ‘Market Management Voucher Support’ project, which includes joint marketing and payback events.

Meanwhile, Seongdae Traditional Market was finally selected in September for the '2020 Smart Pilot Shopping District' contest hosted by the Ministry of SMEs and Startups. About 200 million KRW will be invested to promote projects in smart technology fields such as smart mirrors and serving robots tailored to small business types and characteristics, as well as smart order fields enabling non-face-to-face ordering and payment systems including mobile reservation, ordering, and payment.

Kim Jungwon, Director of the Economic Promotion Division, said, “Through the implementation of the selected contest projects, we will create distinctive commercial districts for each market to revitalize the local economy, which has been depressed due to COVID-19.”

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