Mayor Lee Gi-hyung: "Making Gimpo a Business-Friendly City"... Expanding Regulatory Reforms and Corporate Support

Lee Gi-hyung, Mayor of Gimpo, Attends Chamber of Commerce Forum
Invited to Meeting with 9th Civil-Elected Mayor and City/Provincial Council Members
Focusing Administrative Efforts on a Virtuous Cycle:
“Corporate Growth → Local Economic Revitalization → Enhanced Competitiveness”
Mayor Lee: "The Local Economy Thrives When Businesses Succeed"

Lee Gi-hyung, Mayor of Gimpo City, expressed his commitment to revitalizing the local economy by making Gimpo a business-friendly city through regulatory reforms and expanded support for companies. He outlined plans to focus administrative efforts on building a virtuous industrial ecosystem in which corporate growth leads to local economic activation and job creation.

Lee Ki-hyung, Mayor of Gimpo City, attended the Gimpo Chamber of Commerce meeting on the 6th and emphasized strengthening public-private cooperation to create a virtuous cycle industrial ecosystem. Provided by Gimpo City

On July 8, Gimpo City in Gyeonggi Province announced that the Gimpo Chamber of Commerce and Industry held a meeting on July 6 titled “Meeting with the 9th Civil-Elected Mayor and City/Provincial Council Members for Municipal Development and Revitalization of the Local Economy,” where participants discussed ways to strengthen public-private cooperation to enhance corporate competitiveness and establish a sustainable industrial ecosystem.

The meeting was attended by Mayor Lee Gi-hyung, city and provincial council members, the president and executives of the Gimpo Chamber of Commerce and Industry, as well as the heads of local commerce associations. Around 40 people participated. Attendees shared the challenges faced by businesses on the ground and held broad discussions on support measures for creating a business-friendly environment and strategies to strengthen the competitiveness of local industries.

Key agenda items at the meeting included support measures to alleviate corporate management burdens amid complex economic conditions such as high oil prices, high interest rates, and high exchange rates; plans to invigorate investment; and the need for regulatory reforms at business sites.

The president of the Gimpo Chamber of Commerce and Industry stated, “Despite the difficult economic situation, we, as members of the business community, will make every effort to help local companies continue to grow and to restore vitality to the local economy. We ask for active attention and support from the administration and council so that corporate investment and growth can spread throughout the local economy.”

Mayor Lee reaffirmed his strong commitment to supporting companies, defining them as the core growth engine of the local economy.

He said, “Companies are the key drivers of local economic growth and the creation of quality jobs. We will continuously expand regulatory reforms and corporate support policies, actively reflect the voices from the field in municipal administration to enhance manufacturing competitiveness, and make Gimpo a city where it is easy to do business.”

He further emphasized, “We will concentrate all of the city’s administrative capabilities on establishing a virtuous industrial ecosystem in which corporate growth leads to local economic revitalization, and the renewed vitality of the local economy in turn strengthens corporate competitiveness.”

Meanwhile, the city and provincial council members who attended the meeting also pledged to actively cooperate in providing institutional and financial support to resolve business challenges and strengthen the competitiveness of local industries. They agreed to maintain continuous communication with the business community and to work towards effective policy development.

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