Ulsan Tourism Industry Disaster Relief Fund Supports Up to 2 Million KRW

Businesses with Sales Decline of Over 50% Compared to 2019

Ulsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Ulsan City is stepping up to support the tourism industry.

On the 15th, Ulsan City announced that it will provide the "Tourism Industry Business Recovery Disaster Relief Fund" to help tourism businesses that have suffered direct and severe damage due to COVID-19.

The support targets tourism businesses in Ulsan that were registered under the "Tourism Promotion Act" by the end of last year and whose average monthly sales from January to June this year have dropped by more than 50% compared to 2019.

The eligible businesses operate in travel agencies, tourist accommodations, tourist facilities, international conference businesses, amusement facilities, and tourism convenience facilities.

Businesses that have closed after January 1 of this year, newly registered businesses, and public institution businesses are excluded.

Applications for the disaster relief fund can be submitted by visiting the "Ulsan Tourism Association" at Taehwagang Station Plaza or by mail with the required documents by the 29th.

The support amount is up to approximately 2 million KRW per business, and payments will be made in November after verifying the application documents.

An official from Ulsan City said, "Despite difficulties in business due to COVID-19, fixed expenses continue to occur, so support for the recovery of the local tourism industry is urgently needed. We hope this disaster relief fund will help overcome the crisis."

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