Suwon City Expects Promotion of Alley Commercial District Revitalization

[Suwon Ilbo=Reporter Jung Jun-sung] The 'Comprehensive Amendment Ordinance on Support for Small Merchants and Alley Commercial District Revitalization in Suwon City,' initiated by Councilor Song Eun-ja (Justice Party, Proportional Representative) of the Suwon City Council, was promulgated and implemented on the 19th.

The amended ordinance contains provisions for supporting business stabilization funds for small merchants in response to infectious disease outbreaks, provisions for credit guarantee fee support for small merchants who have received special guarantees, and provisions for secondary interest subsidy support for business stabilization funds.

With the implementation of the ordinance, a foundation has been laid to promote stable economic activities of small merchants in Suwon and to facilitate the revitalization of alley commercial districts.

Furthermore, if support plans for promoting digitalization for smooth transactions and business activities of small merchants are established and implemented, it is expected to lead to efficient management of small merchants and contribute to economic stabilization.

Meanwhile, Councilor Song Eun-ja is also promoting the enactment of the 'Ordinance on Designation and Support of Alley-type Commercial Streets in Suwon City' to support alley-type shops that have been hit hard by COVID-19 economic activities.