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Uiwang City Launches Fair Rent Reduction Campaign to Overcome COVID-19

Government Plans Income Tax and Corporate Tax Exemptions...City Appeals for Active Citizen Participation
Campaign participants for Uiwang City's rent reduction initiative appeal for citizen interest and participation while walking around Uiwang Station area.(Photo=Uiwang City)
Campaign participants for Uiwang City's rent reduction initiative appeal for citizen interest and participation while walking around Uiwang Station area.(Photo=Uiwang City)

[Suwon Ilbo=Reporter Kim Su-ji] Uiwang City launched a rent reduction campaign on the 2nd around Uiwang Station to overcome COVID-19.

The city announced the initiative was promoted to ease the difficulties of small business owners facing severe management challenges due to the widespread COVID-19 outbreak.

The campaign was conducted with 15 participants including members of the Uiwang City Small Business Association and Bugok Dokkaebi Market Merchants Association, as well as city government officials. Using placards in front of Uiwang Station, the campaign targeted citizens.

Additionally, participants walked through the streets around Uiwang Station to appeal for active citizen interest and participation in the rent reduction movement.

Uiwang City Mayor Kim Sang-don stated, "The government recently announced plans to exempt 50% of the rent reduction amount from income tax and corporate tax for landlords who reduce rent, and a national consensus is forming around the fair rent reduction movement. Although this is a difficult time for everyone, we hope citizens will work together to help small business owners overcome their hardships, and the city will pursue various support measures to revitalize alley commerce," he said.

Meanwhile, the city is implementing active support projects to revitalize the local economy affected by COVID-19, including organizing an Economic Task Force, operating a counseling center for small and medium enterprise damage, providing special guarantees for small business owners, supplying items to prevent COVID-19 infection, and operating a 10% special discount period for 'Uiwang Love Gift Certificates' throughout March.

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