[Photo] Seongjanghyeon, Yongsangu District Mayor, Joins Good Rent Spread Challenge

[Asia Economy Reporter Park Jong-il] Seong Jang-hyun, Mayor of Yongsan District, participated in the ‘Good Rent Spread Challenge’ at the mayor’s office on the 8th.

This challenge is aimed at supporting small business owners struggling due to the novel coronavirus infection (COVID-19) and has been implemented since the 21st of last month under the supervision of the National Association of Mayors, Governors, and District Heads.

Seong Jang-hyun, Mayor of Yongsan District, said, “The difficulties faced by small business owners have reached their peak due to the strict social distancing measures,” and added, “I hope landlords will lend their support for a prosperous Yongsan.”

Starting this month, the district will also launch the Seoul-type Good Landlord Support Project. Participants will be recruited, and Yongsan Love Gift Certificates worth up to 1 million KRW will be provided according to the amount of rent reduction. Applications will be accepted from February 15 to March 31, and detailed information will be announced on the district’s website.

Additionally, the district plans to actively support small and medium-sized business owners through a 5 billion KRW fund loan for SME development, a 2 billion KRW job fund loan for youth enterprises, operation of a customized bidding information system, the Sinheung Market management voucher (joint marketing) project, operation of a knowledge learning center for merchants, early execution of finances, extension of local tax filing and payment deadlines, and collection deferral for small business owners affected by COVID-19.

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