Gochang-gun Launches Campaign to Promote Itself as a 'Business-Friendly City'

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] On the 11th, Gochang-gun, Jeonbuk announced that it will actively promote itself as a "business-friendly city" by preparing customized corporate support projects so that excellent companies can settle in Gochang.

Gochang-gun is focusing administrative efforts on strengthening the competitiveness of local companies by promoting support projects in various fields such as financial support and customized support projects for small and medium-sized enterprises (SMEs).

As financial support, it provides interest rate differential support for working capital loans to foster sound growth of SMEs. A maximum loan of up to 500 million KRW per company is possible, and up to 4% of the repayment interest rate is subsidized.

Customized support projects for SMEs include SME environment improvement projects, intellectual property creation support projects, and root company green environment system establishment support projects.

The SME environment improvement project is a project that creates an employment-friendly corporate environment by improving worker welfare, convenience facilities, and working conditions for SMEs with poor working environments.

It is promoted in two areas: worker welfare benefit improvement projects and worker working environment improvement projects.

In addition, the root company green environment system establishment support project is implemented to remove harmful substances in the workplace and improve outdated facilities, and the intellectual property creation support project provides patent mapping and brand development necessary for SMEs.

The "Logistics Cost Support for Companies in Agricultural and Industrial Complexes" supports 50% of the previous year's logistics costs for companies residing in agricultural and industrial complexes. It is expected to provide some help to companies struggling due to COVID-19.

Jung Gil-hwan, head of the Win-Win Economy Division of Gochang-gun, said, "We will continuously strive to activate the local economy by mobilizing administrative power for systematic support so that SMEs can grow further."

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