The Korea Federation of SMEs Presents Plaques of Appreciation to Gwangju Buk-gu Council and Gwangsan-gu Council
[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju-Jeonnam Regional Headquarters of the Korea Federation of Small and Medium Business (Chairman Lim Kyung-jun) presented plaques of appreciation on the 29th to Assemblyman Kim Hyung-su of Buk-gu Council and Assemblyman Park Kyung-shin of Gwangsan-gu Council, who revised the 'Ordinance on the Promotion and Support of Small and Medium Enterprises.'
This ordinance revision is significant in that it established a legal basis for local governments to support joint projects such as joint purchasing and sales, joint technology development, and joint brand development centered on small and medium enterprise cooperatives, in order to revitalize the regional economy and support small business owners and SMEs.
The ordinance was first enacted by Yeosu City in May last year, the first among 226 local governments nationwide, and has since been enacted by 51 local governments across the country. In Jeonnam Province, Yeosu City, Mokpo City, and Naju City have enacted it. Buk-gu and Gwangsan-gu in Gwangju established the support basis through amendments to their existing SME support ordinances.
At the plaque presentation ceremony, Lim Kyung-jun, Chairman of the Korea Federation of Small and Medium Business Gwangju-Jeonnam Headquarters, along with chairpersons of SME cooperatives located in Buk-gu and Gwangsan-gu, attended to express their gratitude.
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Chairman Lim of the Korea Federation of Small and Medium Business Gwangju-Jeonnam Headquarters said, “Through this ordinance revision, we ask for the council’s great interest and support so that small business owners and SMEs located in Buk-gu and Gwangsan-gu can carry out various joint projects, which are difficult to pursue individually, through cooperatives and thus serve as a vanguard for revitalizing the regional economy.”
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