Suwon Mayor Yeom Tae-young: "Swiftly Establish Plans to Attract and Retain Strong Small and Medium Enterprises"

[Suwon Ilbo=Reporter Kang Han-seo] Suwon Mayor Yeom Tae-young urged relevant department heads on the 27th to "establish support measures to attract and retain strong small and medium enterprises within the city."

Presiding over a key agenda meeting at his office, Mayor Yeom stated, "Our city has a high dependence on Samsung Electronics, which makes tax revenue projections difficult due to significant fluctuations in tax collection based on Samsung's performance," and emphasized that "attracting and retaining strong SMEs is essential for securing tax sources."

He continued, "Unfortunately, our strong SMEs are relocating to other cities due to difficult conditions," and urged, "Through enactment and revision of related ordinances and system improvements, provide bold incentives to promising small and medium enterprises and actively prepare support measures such as easing unreasonable regulations."

Additionally, Mayor Yeom stated, "The current government policy of designating new cities by lifting development restrictions and increasing the population is not desirable," and predicted that "if strong SME industrial complexes are established on sites designated for new city development, employment will be created and tax sources will increase."

Meanwhile, strong SMEs currently operating in Suwon are facing an absolute shortage of industrial land due to the factory total quantity system under the Capital Region Maintenance Planning Act, and are struggling to build or expand factories due to high land prices. Furthermore, enterprises located in natural green spaces are restricted to a building coverage ratio of 20%, making new investments impossible.