Yangju City in Gyeonggi Province is partnering with a major retail company to support the growth of local social economy enterprises and help them expand their sales channels.

Suhyun Kang, Mayor of Yangju (center), signed a Memorandum of Understanding on mutual cooperation with Jihoon Lee, Store Manager of LF Square Yangju, on the 5th. Provided by Yangju City

Suhyun Kang, Mayor of Yangju (center), signed a Memorandum of Understanding on mutual cooperation with Jihoon Lee, Store Manager of LF Square Yangju, on the 5th. Provided by Yangju City

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On December 5, Yangju City signed a Memorandum of Understanding on mutual cooperation with the LF Square Yangju branch (Store Manager: Lee Jihoon).


The signing ceremony was attended by key officials, including Suhyun Kang, Mayor of Yangju; Jihoon Lee, Store Manager of LF Square; Dowoong Kim, Director of the Economic, Culture, and Sports Bureau; Misoon Jeong, Head of the Local Economy Division; Il-yeol Yeom, Director of the Yangju Social Economy Support Center; and a total of seven major stakeholders. Building on their years-long partnership in social economy cooperation projects, both organizations agreed to further enhance their collaboration system and work together to expand sales channels for social economy enterprises.


The main points of the agreement include: ▲ joint activities for community development, such as revitalizing Yangju’s culture and economy, and ▲ mutual cooperation in hosting various events by utilizing LF Square’s spaces. Through this, they plan to establish a sustainable win-win model in which both businesses and the local community can grow together.


Since 2022, Yangju City and the LF Square Yangju branch have maintained a steady partnership by co-hosting events such as the Social Economy Sharing Market and the Fair Trade Festival. In particular, in 2025, the scope of cooperation expanded to include three events with the participation of 87 social economy enterprises and related organizations.



A Yangju City official stated, “Thanks to the sincere interest of LF Square Yangju branch over the past several years, local social economy enterprises have been able to pioneer new sales channels and take on new challenges. We will continue to provide the necessary support so that social economy enterprises can become a strong pillar of the local economy.”


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

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