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Pyeongtaek-Jecheon City, Agreement for Win-Win Development of 'Hometown Love Donation System'

Cooperation to Achieve 1.274 Million Related Population

Pyeongtaek City in Gyeonggi Province signed the 'Pyeongtaek-Jecheon Connection 1274 Business Agreement' with Jecheon City in Chungbuk on the 12th to promote the hometown love donation system and mutual development. Pyeongtaek Nonghyup and Jecheon Nonghyup also participated in the agreement.

Pyeongtaek-Jecheon City, Agreement for Win-Win Development of 'Hometown Love Donation System' Participants at the 'Pyeongtaek-Jecheon Connection 1274 Business Agreement' pledge mutual cooperation for the Hometown Love Donation Program.
[Photo by Pyeongtaek City]

According to the agreement, the two cities will establish a mutual cooperation system between institutions, starting with mutual hometown love donations among employees of agricultural and livestock cooperatives. Additionally, the four institutions will cooperate to achieve 1,274,000 'related population' between Pyeongtaek and Jecheon. The term 'related population' refers to the number of people who do not fully settle in a specific area but maintain continuous relationships by visiting the region regularly or irregularly. The two cities explained that they set the related population target at 1,274,000 considering the symbolism of the 127.4 km-long Pyeongtaek-Jecheon Expressway.


Jung Jang-seon, mayor of Pyeongtaek, said, "I hope that Pyeongtaek and Jecheon will grow together through this agreement." Kim Chang-gyu, mayor of Jecheon, also responded, "I hope to discover competitive agricultural products and rural tourism resources as return gifts, strengthen mutual promotion, and contribute to the hometown love donation system and revitalization of the local economy."


The hometown love donation system allows individuals to donate to local governments other than their registered address and receive tax deduction benefits along with local agricultural and specialty products as return gifts. Those wishing to donate can access the 'Hometown Love e-um' website or visit Nonghyup.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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