Hamyang-gun Launches Numerous Projects to Revive Economy and Overcome COVID-19

Special Discounts on Gift Certificates, Job Creation, and Activation of Corporate Investment Attraction

Panoramic view of Hamyang County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hamyang-gun, Gyeongnam, has taken proactive steps to revitalize the local economy, which has been stagnant due to the prolonged COVID-19 pandemic, by preparing administrative and financial support measures.

This year, the county plans to invigorate the livelihood economy and promote consumption through discount sales of Hamyang Love Gift Certificates, provide loan support to alleviate financial difficulties and stabilize management for small and medium-sized enterprises (SMEs) and small business owners, continue customized consulting support projects for small business owners, and promote a win-win rent campaign. Additionally, it aims to create 3,916 jobs and activate corporate investment attraction by easing regulations on industrial (agricultural and industrial) complexes.

The economic revitalization project includes ▲ discount sales of Hamyang Love Gift Certificates and expansion of sales agencies ▲ smooth achievement of the job creation goals of the 7th local government administration ▲ activation of corporate investment attraction through deregulation of industrial (agricultural and industrial) complexes ▲ continuous promotion of the win-win rent campaign ▲ implementation of customized consulting support projects for small business owners ▲ loan support for SMEs and small business owners ▲ and promotion of small-scale business environment improvement projects for small business owners.

Hamyang-gun is fully mobilizing its capabilities to respond to the prolonged COVID-19 situation by conducting detailed analyses of the local economic conditions and preparing medium- to long-term response plans for regional economic revitalization by sector.

Seo Chun-soo, the mayor of Hamyang-gun, said, “Although both SMEs and small business owners are facing difficulties due to the prolonged COVID-19 crisis, we will do our best to revitalize the local economy so that residents can engage in production and consumption activities with peace of mind. We will also focus our efforts on discovering projects that can help SMEs and small business owners and attracting companies that can create many jobs.”

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