Jungjingong Holds Communication Meeting with Korea Small Giants Association

Promoting New Projects Including Smart Factory Post-Management... Actively Supporting Innovative Growth of SMEs

On the 17th, Director Kim Hak-do is speaking at the meeting between the Small and Medium Business Corporation and the Association of Small Giants.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 17th that it held a roundtable meeting for on-site communication with the Korea Strong Small and Medium Enterprises Association (Chairman Shim Sang-don, hereinafter referred to as the Strong SME Association) at the Small Business Distribution Center in Mok-dong, Seoul. The meeting was conducted in strict compliance with the government's COVID-19 prevention guidelines, including minimizing the number of attendees, wearing masks, and installing partitions.

Chairman Kim Hak-do explained the purpose, saying, "Considering the current situation such as the economic recession and youth unemployment caused by COVID-19, the growth and role of strong SMEs, which are the backbone of our economy, are very important. Through this roundtable, we aim to identify difficulties and prepare effective support measures."

On this day, Chairman Kim and representatives of member companies of the Strong SME Association discussed support measures such as policy funds and smart factory construction for overcoming crises and innovative growth of small and medium ventures in the post-COVID-19 era. Jeong Hee-guk, CEO of Taebang Patek, said, "During the current economic recession, more bold policy support is needed," and added, "We hope that SBC, which is closest to small and medium ventures, will prepare various policies that can provide practical help to companies based on voices from the field."

Chairman Kim said, "This year, to quickly support companies affected by COVID-19, we increased the emergency management stabilization fund from the initial 100 billion won to 1.3 trillion won and improved the debt repayment system to support crisis overcoming," and added, "Next year, we will actively promote new projects such as post-management of smart factories and one-stop support for regulatory free zones to lead innovative growth of small and medium ventures and support the success of the Korean New Deal through fostering regional industries."

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