Boseong-gun Receives 'Excellence Award' for Revitalizing Jeonnam Regional Economy

Selected as an Excellent County for Efforts to Overcome COVID-19 Including Support for Small Business Owners and SMEs

[Boseong=Asia Economy Honam Reporting Headquarters Reporter Park Cheon-seok] Boseong-gun, Jeollanam-do announced on the 21st that it received the 'Excellence Award' in the 2020 regional economic revitalization evaluation conducted by Jeollanam-do.

In the COVID-19 situation, to revive the local commercial districts and reduce the economic burden on small business owners, Boseong issued 40 billion KRW worth of Boseong Love Gift Certificates (with 37 billion KRW sold), achieving sales more than 40 times higher than last year.

In particular, as part of the traditional market revitalization policy, it received high evaluations for △ modernization of Beolgyo Traditional Market facilities and construction of relocation buildings, △ parking environment improvement projects, △ 50% rent reduction for traditional market tenants, and △ joint marketing support projects through market management vouchers.

Additionally, it was recognized for its contributions to small and medium-sized enterprise revitalization and its potential to leap forward as an advanced base for the 6th industry through △ smart factory dissemination and expansion projects, △ regional star company development projects, △ Jeonnam regional innovation growth voucher support projects, and △ support projects for export seedling companies in Jeonnam's specialized industries.

Boseong-gun played a leading role in revitalizing the local economy by implementing policies such as △ public utility fee support for small business owners (600 million KRW), △ special support funds for taxi drivers (60 million KRW), and △ special support for unpaid workers and freelancers (65 million KRW) to ensure business operation and employment stability amid the spread of COVID-19.

Governor Kim Cheol-woo stated, "In the economic crisis caused by COVID-19, the honor of receiving the Excellence Award was achieved as a result of the joint efforts of the public, private sectors, and businesses to prevent economic downturn and maintain normal household management," adding, "We will continue to carefully manage all areas to prevent blind spots and actively strive to revitalize the regional economy."

Meanwhile, the regional economic revitalization evaluation is conducted targeting 22 cities and counties in Jeollanam-do to actively discover excellent cases of economic policies, improve residents' quality of life, and promote regional economic revitalization.

The evaluation covers 13 indicators across six areas including excellent regional economic revitalization policies, price management, traditional markets, support and fostering of small business owners and SMEs, industrial complex revitalization, and creating a business-friendly environment.

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