Pohang City Hits Year-End Jackpot ... 'Best' in Local Economic Revitalization and 'Grand Prize' in Job Projects

Gyeongbuk Province Evaluates 23 Cities and Counties... 2,400 Jobs Created and 500 Billion Won Issued in Pohang Love Gift Certificates

Pohang City won two awards, receiving the Grand Prize in the '2020 Gyeongsangbuk-do Regional Economy Revitalization City and County Evaluation' and the Excellence Award in the Gyeongbuk Hope Job Project for Overcoming COVID-19 City and County Evaluation.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Pohang City announced on the 23rd that it won the Grand Prize in the '2020 Gyeongsangbuk-do Regional Economy Revitalization City and County Evaluation' and received a prize money of 3 million won.

It also won the Grand Prize in the Excellent City and County Evaluation for the Gyeongbuk Hope Job Project to Overcome COVID-19, earning the honor of a double crown.

Pohang City was recognized for creating up to 2,400 jobs, the largest in Gyeongbuk, through active job creation projects such as operating the Clean Safe Quarantine Team and environmental maintenance in response to the economic crisis caused by COVID-19.

In addition, it was evaluated as contributing to the management stabilization of small business owners by expanding the small business card fee project within the province and implementing the nation's first small business assistance job project. Pohang City issued 500 billion won worth of Pohang Love Gift Certificates, the largest scale nationwide, to restore consumer sentiment and revitalize local markets.

In particular, it received favorable reviews for providing targeted support from the disaster management fund to 776 businesses prohibited from gathering during the Chuseok quarantine period, which were excluded from the Small Business New Hope Fund, thereby alleviating the difficulties of small business owners in blind spots.

Mayor Lee Kang-deok of Pohang said, "As difficulties caused by COVID-19 are expected to continue next year, we will focus on stabilizing people's livelihoods and revitalizing the economy by strengthening the competitiveness of small business owners, recovering the local economy, and creating jobs to enhance crisis response capabilities against uncertainties."

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