Incheon TP Supports Dormitory Rent for SME Workers... Up to 5 Employees per Company

[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) will support dormitory rental fees for workers of small and medium-sized enterprises (SMEs).

This project, aimed at helping stabilize the housing and living conditions of SME workers, supports up to 5 workers per company (7 workers for Incheon city job creation excellent companies), providing up to 200,000 KRW per month per worker for dormitory rental fees for one year.

The support targets manufacturing and knowledge service companies where newly hired employees who have been employed for less than one year live in rental (monthly rent) dormitories contracted by the company.

Applications are accepted on a first-come, first-served basis through the company support information provision site BizOK until June 30.

An Incheon TP official stated, "This project is to help improve the housing environment for SME workers," adding, "We expect it to help secure manpower for SMEs by encouraging long-term employment of workers."

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