Gimhae-si, KCCI Corporate Environment Excellence Area Evaluation

Corporate Sentiment Growth Rate Ranks 1st Among 228 Local Governments

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] On the 17th, Gimhae City in Gyeongnam announced that it ranked first in the rate of increase by rising 204 places from last year in the corporate perception ranking of the ‘2020 Excellent Corporate Environment Region Evaluation’ hosted by the Korea Chamber of Commerce and Industry.

The Korea Chamber of Commerce and Industry conducts an annual ‘Excellent Corporate Environment Region Evaluation’ that surveys the corporate environment of 228 local governments by category.

It divides the evaluation into ‘corporate perception,’ which asks about subjective satisfaction from over 6,000 companies nationwide, and ‘economic activity friendliness,’ which analyzes local government ordinances, assigning rankings based on scores and classifying them into five grades (S-A-B-C-D).

Gimhae City received an S grade (22nd nationwide) in friendliness and an A grade (20th nationwide) in perception, being recognized as a city favorable for business management.

This is the effect of business-friendly policies such as operating a dedicated planning team to improve corporate perception, easing floor area ratio regulations in industrial areas, and enacting ordinances to support small-scale research and development special zones.

Mayor Heo Seong-gon said, “The good score in the Excellent Corporate Environment Region Evaluation is the result of the joint efforts of not only frontline public officials but also the local community eager for economic recovery,” and added, “We will continue to do our best to create jobs and revitalize the local economy through regulatory innovation and continuous field-centered corporate support.”

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