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Seoul Mayor Aims to Boost Economy After Dark with 'Moonlight Night Markets' and Nighttime Commerce Zones
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Seoul Mayor Aims to Boost Economy After Dark with 'Moonlight Night Markets' and Nighttime Commerce Zones

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Seoul Mayor Oh Se-hoon is promoting a "night economy" initiative to boost the city's economic vitality after dark.
  • The plan includes expanding "Dalbit Yajeong" (moonlight night markets) to 25 locations and establishing special zones for nighttime commerce.
  • This initiative aims to create a vibrant urban environment and foster economic growth through nighttime activities.

Seoul Mayor Oh Se-hoon is spearheading an initiative to invigorate the city's economy by focusing on its nighttime activities. Dubbed the "night economy," the plan aims to transform Seoul into a more dynamic urban center after sunset.

A key component of this strategy is the expansion of "Dalbit Yajeong," or moonlight night markets, which are set to increase from their current locations to 25 across the city. These markets are envisioned as hubs for commerce, culture, and community engagement, offering residents and visitors alike a unique nighttime experience.

Furthermore, the city plans to establish special zones dedicated to nighttime commerce. These areas will likely feature a concentration of businesses operating late hours, offering diverse services and entertainment options. The goal is to create a synergistic effect, where extended business hours and varied offerings attract more people, thereby stimulating economic activity.

Mayor Oh Se-hoon believes that by developing a robust night economy, Seoul can enhance its overall economic competitiveness and improve the quality of life for its citizens. The initiative represents a strategic effort to leverage the city's potential for growth beyond traditional business hours, fostering a more vibrant and economically prosperous Seoul.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.