Ahn Hyeongju, Gwangju Seo-gu Council Member, Passes 'Esports Promotion Ordinance' in Standing Committee
Hyungju Ahn, a member of the Gwangju Metropolitan City Seo-gu Council, announced on the 18th that the "Ordinance on the Promotion of eSports (Electronic Sports)" was passed at the 314th extraordinary session standing committee.
The ordinance includes provisions related to the promotion and expansion of eSports in Seo-gu, such as publicity and marketing, hosting tournaments, training professional personnel, building and improving facilities, and strengthening the competitiveness of organizations and businesses.
The eSports industry is growing globally. According to Straits Research, an Indian market research firm, the global eSports market size is expected to grow from $1.178 billion in 2021 at an average annual rate of 21.9%, reaching $5.743 billion (approximately 7.5 trillion KRW) by 2030.
Although the eSports industry is attracting attention as a rapidly growing new growth industry every year, interest and support are still insufficient. Therefore, Councilman Ahn Hyungju initiated the enactment of this ordinance to establish an institutional foundation for fostering the eSports industry in Seo-gu.
Councilman Ahn said, "Our city, Gwangju, was selected in 2019 by the Ministry of Culture, Sports and Tourism for the establishment of a local eSports permanent stadium and is a city that has an official eSports stadium. We have all the necessary elements to foster eSports," adding, "We hope that fostering the eSports industry will not only promote healthy leisure activities for residents but also contribute significantly to expanding the tourism industry, creating jobs, and revitalizing the local economy."
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Shin Dongho, Honam Reporting Headquarters, Asia Economy bless4ya@asiae.co.kr
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