Jinju Small Business Association Appeals for "Proper Reform and Innovation of LH"

Advocacy for Maintaining the Principle of Rational Organizational Reform and Balanced National Development

Small Business Association Announces Statement on Proper Reform and Innovation of LH [Image Source=Jinju City]

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The Jinju Small Business Association in Gyeongnam announced a statement at 1:30 PM on the 22nd in the briefing room of Jinju City Hall, appealing for proper reform and innovation of LH.

Acting President Jo Mi-sook, through the statement, called for reform measures that do not alienate the region but promote coexistence, advocating for common-sense and rational organizational reform and maintaining the foundation of balanced national development, while appealing for the difficulties faced by local small business owners stemming from the dissolution of LH.

The Small Business Association stated, “We fully agree that LH executives and employees caused social controversy by illicitly profiting through real estate speculation and that organizational innovation is necessary to prevent recurrence. However, reform plans involving the dissolution of LH, which are unrelated to preventing real estate speculation recurrence, will not only cause management inefficiency but also trigger a crisis in the regional economy and deprive youth of jobs for several years to come.”

They added, “The completion of the Jinju Innovation City in Gyeongnam is for the regional economy and balanced national land development,” strongly urging that LH’s reform be carried out in line with its original purpose of eradicating real estate speculation.

Meanwhile, the city has seen continuous campaigns opposing the dissolution of LH by organizations such as the Jinju City Social Welfare Council and the Gyeongnam Social Workers Association.

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