Yanggu-gun Sports Foundation Launches on the 1st... "Revitalizing Local Economy through Sports Marketing"

11 Board Members Including the Chairman and 7 Secretariat Staff

Yanggu County Office

[Asia Economy Reporter Ra Young-cheol] The Yanggu-gun Sports Foundation in Gangwon Province will hold its launching ceremony on September 1 and officially begin operations to promote the development of the local sports industry.

According to the Yanggu-gun Sports Foundation on the 31st, the foundation was established with a 500 million KRW contribution from the county government, forming a board of directors consisting of 11 members including Chairman Seo Heung-won, and a secretariat staffed by 7 employees.

The foundation will be responsible for ▲ developing policies to promote sports marketing ▲ hosting sports competitions ▲ attracting and sponsoring training camps ▲ sports marketing projects aimed at revitalizing the local economy and increasing farm household income ▲ managing and operating sports facilities within the region.

Previously, after collecting residents' opinions on the feasibility of establishing the sports foundation in September last year, the county enacted the establishment and operation ordinance in February this year, held the inaugural general meeting of the foundation's promoters in July, and is now launching the foundation after one year.

Seo Heung-won, Yanggu-gun Governor, stated, "Our county's sports marketing is a core project to overcome population decline and the crisis of regional extinction. It will play a central role in stimulating local consumption, promoting and increasing sales of agricultural specialties, revitalizing the economy, and enhancing the value of the city brand."

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