Korea Federation of SMEs Holds '2024 1st Local Association Revitalization Special Committee' Meeting

The Korea Federation of Small and Medium Business held the '2024 1st Local Cooperative Revitalization Special Committee' on the 10th at the Yeosu Ocheon Industrial Complex Food Processing Business Cooperative in Yeosu-si, Jeollanam-do.

The committee was launched last year to strengthen the effectiveness of cooperative support by metropolitan and basic local governments and to promote regional economic revitalization through the expansion of the role of local cooperatives.

On this day, the committee included ▲ Kim Young-seok, Chairman of the Local Cooperative Revitalization Special Committee (Chairman of Seoul Gyeongin Remicon Industrial Cooperative) ▲ Kim Gap-on, Chairman of Yeosu Ocheon Industrial Complex Food Processing Business Cooperative, among other members selected considering the region and industry, as well as about 20 representatives of small and medium enterprises in the Yeosu area.

The attendees had a discussion session with Dr. Bae Ho-young from the Small and Medium Business Cooperative Research Institute on the 'Standard Plan for Revitalization of Local Small and Medium Business Cooperatives (Draft)' and future tasks.

Following this, they toured the joint facilities of the Yeosu Ocheon Industrial Complex Food Processing Business Cooperative, including the joint wastewater treatment plant, and exchanged opinions on ways to revitalize local cooperatives through linkage with local government support.

Kim Young-seok, Chairman of the Local Cooperative Revitalization Special Committee, emphasized, “As active support from local governments is expected through the enactment of ordinances and establishment of revitalization plans, cooperatives must also strive to play a leading role in the local era by making self-help efforts such as promoting new joint projects.”

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