Gimpo City Teams Up with Local Businesses to Lead 'Local Economic Revival'

City Holds Third Meeting of Task Force for Local Economic Recovery
Drives Change Through Professional Consulting for Commercial Districts
and Expands Opportunities for Construction Companies

Gimpo City in Gyeonggi Province, led by Mayor Kim Byungsoo, has formed the "Task Force for Local Economic Recovery" and is actively working to revitalize the local economy, moving forward toward mutual growth with local businesses.

Gimpo City formed the "Task Force for Local Economic Recovery" on the 11th and is holding its third meeting. Provided by Gimpo City

The city is strengthening systematic support for local commercial districts through professional consulting, while also creating opportunities for construction companies within Gimpo to promote their businesses, thereby driving concrete and organized changes. At the same time, the city is seeking ways to connect major projects with the local economy to stimulate regional economic activity.

Earlier this year, the city launched the task force to support local small business owners and companies, aiming for tangible improvements in the livelihoods of citizens. On September 11, the third meeting of the "Task Force for Local Economic Recovery" was held to review progress to date and discuss mid- to long-term strategies for further economic recovery in the region.

The meeting was presided over by Gimpo Deputy Mayor Lee Seokbeom and attended by the heads of four working groups: General Affairs, Price Stabilization, Convenience Support, and Citizen Publicity. Key agenda items included expanding opportunities for local construction companies, revitalizing the Laveniche commercial district, and discovering new projects that link various city departments with the local economy.

The General Affairs team noted that many commercial districts have not yet been designated as alley-type shopping streets. The city plans to strengthen systematic support by providing professional consulting to help these districts meet the requirements for designation. In addition, to increase local economic contributions at apartment construction sites, the city will promote the use of local labor and construction equipment as a priority and recommend the use of locally produced goods as gifts for new residents.

The "Gimpo City Housing Construction Project Local Business Participation Consultation," held over two days from September 10 to 11, provided an opportunity to expand the use of local materials and products by regional businesses. Building on this practical outcome, the city plans to continue creating effective opportunities for local companies going forward.

The Price Stabilization team is currently implementing measures such as reducing road occupancy fees for 3,696 small business owners and granting tax collection deferrals to taxpayers. The Convenience Support team is providing citizens with benefits worth approximately 80 million won per month through "one hour of free parking" and is also supporting installment payments of overdue local taxes for small businesses and small business owners.

The Citizen Publicity team continues to promote local companies and small business products through channels such as Gimpo Maru and social media, as well as producing YouTube Shorts videos introducing affordable businesses in the area.

Of particular note at this meeting was the discussion of rising vacancies and economic stagnation in the Laveniche commercial district. The city and the merchants’ association agreed on the need to work together to revitalize the district. To this end, they plan to support capacity building for the merchants’ association, link cultural events and marketing programs, and provide administrative support, thereby establishing a foundation for public-private cooperation and shared growth.

Lee Seokbeom, head of the task force, stated, "The key to economic recovery is how quickly we can deliver results that citizens can truly feel," urging all departments to work closely together to accelerate the revitalization of the local economy.

Based on the various action items discussed at this meeting, the city plans to closely review the outcomes of current policies at the upcoming fourth meeting and strengthen its results-oriented implementation system. Through these efforts, the city aims to achieve not only short-term results but also lay a solid foundation for mid- to long-term local economic recovery.

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