Rapid Recovery of Daily Life and Economy

Implementation of 56 Measures in 6 Key Areas Including Support for Small Business Owners

Gwangju Buk-gu, Comprehensive Measures to Stabilize the Livelihood Economy 추진 View original image


[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju City announced on the 27th that it will implement the ‘2022 Comprehensive Measures for Stabilizing the People’s Livelihood Economy’ to revive the stagnant local economy.


To support the rapid recovery of daily life and the economy this year, six areas with 56 measures have been established, including ▲support for small business owners ▲job creation and employment support ▲support for small and medium-sized enterprises ▲support for disaster-vulnerable groups and welfare enhancement ▲support for the 4th industrial revolution ▲administrative and financial support.


Buk-gu will promote 11 business recovery projects targeting small business owners and self-employed individuals who have been directly affected by COVID-19, such as artterior, Didimdol 3-no special guarantee, and revitalization of traditional markets and shopping districts.


Through nine measures including region-led youth job projects for the unemployed, local industry customized job projects, and company-linked job creation projects, the focus will be on employment and job activation.


Efforts will be made to pioneer sales channels and create a business-friendly environment through specialized support projects for small and medium-sized enterprises, funding support for prospective entrepreneurs, certification acquisition cost support, and operation of video export consultation centers.


Support for vulnerable groups and welfare will be strengthened through public sector job projects, temporary special support for youth monthly rent, visiting financial counseling offices, and energy welfare projects.


Active investment will be made in leading companies of the 4th industrial revolution, such as support for AI-specialized companies and early stabilization of new technologies, and future industries will be fostered by utilizing the industry-academia-research-government infrastructure belonging to the ‘4th Industrial Mini Cluster.’


Efforts to stabilize daily life will be made through administrative and financial support such as rapid execution of local finances, payment of quarantine support funds, extension of local tax deadlines, and suspension of parking enforcement in commercial areas.


Director Moon said, “The people’s livelihood economy is greatly deteriorating due to the rapid increase of Omicron,” and added, “We will implement proactive and aggressive measures to catch both the quarantine and the economy.”


Meanwhile, on the 28th, Buk-gu plans to hold a meeting chaired by Deputy Mayor Park Sangbaek, head of the People’s Livelihood Economy Activation Task Force, to discuss the direction of comprehensive measures according to the COVID-19 situation.



Honam Reporting Headquarters Reporter Kim Yukbong bong2910@asiae.co.kr


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

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