Hwaseong City Designates 4 Traditional Markets as 'Commercial Preservation Districts'

Hwaseong City announced on the 3rd that it has designated 4 traditional markets (Namyang, Sakang, Balan, and Joam) spanning 175,000 square meters as traditional commercial preservation districts.

The city established a Distribution Coexistence and Development Council chaired by Vice Mayor Kim Jin-heung, comprised of 10 members including officials from the city council, large-scale retailers, traditional markets, the Chamber of Commerce and Industry, and the Small Business Support Center, and made this decision on the 30th of last month.

Accordingly, the city plans to restrict the establishment and registration of large-scale and mid-size retailers within areas designated as traditional commercial preservation districts, specifically within 1 kilometer from the boundaries of the traditional markets.

Prior to this, the city enacted and promulgated an ordinance on August 4th regarding "the Designation of Traditional Commercial Preservation Districts in Hwaseong City and Restrictions on the Registration of Large-scale and Mid-size Retailers."