[6.3 Election] Jeonbuk Business Leaders Urge Gubernatorial Candidates to Create a Business-Friendly Environment

Policy Proposal Delivered to Democratic Party’s Lee Wontak and Independent Candidate Kim Kwanyoung

Ahead of the 9th Nationwide Local Elections, which will be held on June 3, business leaders in the Jeonbuk region have presented policy proposals to candidates for the governorship, emphasizing regional economic recovery and the establishment of a foundation for future industries as key tasks for the next provincial administration.

Kim Jeongtae, chairman of the Jeonbuk Chamber of Commerce Association, presented the policy proposal "Future of Jeonbuk Together" for the development of Jeonbuk's economy and strengthening corporate competitiveness to Lee Wontak, the Democratic Party candidate and governor of Jeonbuk Special Self-Governing Province, during his visit to the Jeonju Chamber of Commerce on the 18th. Photo by Jeonju Chamber of Commerce

The Jeonbuk Chamber of Commerce and Industry Council announced that, during a meeting held at the Jeonju Chamber of Commerce and Industry on the 18th, it delivered a policy proposal titled "The Future of Jeonbuk Made Together" to Lee Wontak, the Democratic Party candidate, and Kim Kwan-young, the independent candidate.

This proposal was prepared based on the opinions of local entrepreneurs and the business community, and it focuses on tasks aimed at revitalizing the stagnant regional economy and enhancing industrial competitiveness.

Through the proposal, the business community outlined 22 tasks in four areas: expanding support for the Jeonbuk economy as part of national balanced development; strengthening industrial competitiveness by expanding social overhead capital (SOC); enhancing tax and financial support; and improving the labor environment as well as establishing sustainable environmental policies.

In particular, they diagnosed that the Jeonbuk economy is facing a complex crisis due to population decline, changes in industrial structure, and global instability. They stressed the urgent need for institutional improvements to support business activities and the securing of future growth engines.

Kim Jungtae, Chairman of the Jeonbuk Chamber of Commerce and Industry Council, presented a policy proposal titled "Creating the Future of Jeonbuk Together," aimed at the development of Jeonbuk's economy and strengthening corporate competitiveness, to Kim Kwan-young, an independent candidate for Governor of Jeonbuk Special Self-Governing Province, who visited the Jeonju Chamber of Commerce and Industry on the 18th. Photo by Jeonju Chamber of Commerce and Industry

The local business community noted that, while Jeonbuk has recently accelerated the attraction of new industries such as secondary batteries, the defense industry, and renewable energy, the gap in transportation and logistics infrastructure and financial support systems compared to the Seoul metropolitan area remains significant. In fact, there have been consistent calls from the regional business sector for revitalizing the Saemangeum Industrial Complex, expanding the metropolitan transportation network, and increasing tax incentives for local investment companies.

Kim Jungtae, chairman of the council, said, "This local election is an important turning point that will determine the new growth direction and regional competitiveness of the Jeonbuk economy," adding, "We hope that the next provincial administration will actively reflect the voices from the business field in its policies to breathe new life into the regional economy."

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