Expectations for Revitalizing Local Economy and Boosting Domestic Demand through Increased Use of Traditional Markets

Citizens are shopping at Yeongcheon Market in Seodaemun-gu, Seoul, as the payment process for the COVID-19 coexistence national support fund is underway on the 7th. Photo by Moon Honam munonam@

Citizens are shopping at Yeongcheon Market in Seodaemun-gu, Seoul, as the payment process for the COVID-19 coexistence national support fund is underway on the 7th. Photo by Moon Honam munonam@

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[Asia Economy Reporter Lim Cheol-young] The Ministry of the Interior and Safety and the National Police Agency announced on the 12th that from the 13th to the 22nd, for ten days, parking will be allowed for up to 2 hours on roads around 485 traditional markets nationwide, including Seoul's Gyeongdong Market, Busan's Jagalchi Market, and Suwon's Jidong Market, to promote the use of traditional markets and stimulate local commercial consumption during Chuseok.


The roads around traditional markets where parking is allowed include 142 locations where year-round permanent parking is permitted, and 343 locations temporarily selected by local governments and the National Police Agency after gathering opinions from market merchant associations and considering road conditions.


Aside from the sections where temporary parking is allowed around these traditional markets, enforcement against illegal parking will be strengthened in areas such as children's protection zones, within 5 meters of fire hydrants, street corners at intersections, within 10 meters of bus stops, and crosswalks.


The Ministry of the Interior and Safety and the National Police Agency plan to strengthen police patrol personnel and deploy parking attendants from local governments and merchant associations on-site to prepare for disorder and traffic congestion caused by the parking allowance.



Gu Bon-geun, Regional Economic Support Officer, said, "By allowing parking on roads around traditional markets, we hope to increase convenience for visitors and help small business owners who are struggling due to COVID-19 by increasing the number of visitors to traditional markets."


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

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