[Photo] Lee Jeong-hoon, Gangdong-gu Mayor, Urges Enactment of the 'Social Economy Framework Act'

Participation in Video Production Related to the National Social Solidarity Economy Local Government Council... Urging Enactment of a Basic Law for Integrated Promotion Beyond Individual Legislation to Create Social Value

[Asia Economy Reporter Jongil Park] Gangdong-gu (Mayor Lee Jeong-hoon) participated in the production of a video urging the enactment of the "Basic Act on Social Economy," which was proposed in 2014 and has been awaiting legislation for seven years, to support the cause.

This video was produced under the auspices of the National Social Solidarity Economy Local Government Council, established for the development of social economy based on solidarity and cooperation among local governments, targeting local governments with high interest in social economy to urge the enactment of the Basic Act.

So far, Gangdong-gu has enacted the Ordinance on the Promotion and Support of Social Economy in Gangdong-gu in 2010 to expand the social economy ecosystem, implementing various policies such as ▲ promoting the creation of innovative social economy spaces ▲ supporting spaces for social economy enterprises ▲ expanding social economy investment funds.

In particular, Angel Workshop, Gangdong-gu’s representative innovative project that transformed the proliferated unauthorized businesses around Seongnae Library’s school routes into youth start-up spaces, has attracted much attention.

Additionally, through the operation of the Social Economy Support Center and Leather Fashion Start-up Support Center, management of social economy funds, and operation of Gangdong Eouljang, continuous support has been provided to help the social economy ecosystem take root within the region.

By participating in the production of the video urging the enactment of the Basic Act on Social Economy, the district conveyed a message calling for the enactment of a Basic Act that can integrate policies beyond individual laws to solve various social problems and create social value.

Lee Jeong-hoon, Mayor of Gangdong-gu, said, “Gangdong-gu will continue to support inclusive growth without discrimination between generations and classes so that more residents can experience the social economy,” adding, “We hope that the social economy will be further revitalized through the enactment of the Basic Act beyond individual laws.”

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