KAMCO Holds Contest for 'User Stories on Easing Burden of Using State-Owned Property' Policy

Submission from November 30 to December 24, 4 PM
Announcement of 10 selected works for January next year

[Asia Economy Reporter Park Sun-mi] KAMCO (Korea Asset Management Corporation) announced on the 30th that it will hold a 4-week essay contest on the 'Policy to Ease the Burden of Using State-Owned Property' from today until 4 p.m. on the 24th of next month.

This contest was prepared to share actual experiences of using state-owned property through the policy to ease the burden of using state-owned property, which has been implemented since April as a support measure for those affected by COVID-19, and to build public consensus on state-owned property policies.

The contest theme is ‘Cases Supported by the Policy to Ease the Burden of Using State-Owned Property.’ Anyone who has received a reduction or deferment of state-owned property lease fees through KAMCO can participate. If multiple essays are submitted, only the one with the highest score will be awarded. Those wishing to participate can download the form from the KAMCO website, fill it out, and submit it via email. More detailed information can be found on the KAMCO website or through the State-Owned Property Integrated Call Center.

The results of the judging will be announced on the KAMCO website in January next year. A total of 10 essays will be selected: ▲Grand Prize 1 essay (500,000 KRW) ▲Excellence Award 2 essays (300,000 KRW each) ▲Merit Award 3 essays (150,000 KRW each) ▲Encouragement Award 4 essays (100,000 KRW each), with a total prize money of 1,950,000 KRW and certificates to be awarded. Additionally, 50 people who submit essays but do not win will receive mobile beverage vouchers.

The winning essays will be posted on the KAMCO website and compiled into a booklet to be distributed to regional headquarters nationwide. Furthermore, they will be used to promote state-owned property policies through online content such as card news.

Hong Young, Head of the State-Owned Property Division at KAMCO, said, “This contest has great significance in sharing and communicating the experiences of citizens using state-owned property,” and added, “We hope for much interest and participation in this contest so that cases of easing the burden of using state-owned property can be utilized in establishing effective state-owned property policies in the future.”

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