Small Business Sector Seeks Greater Involvement in Major National Projects

By JUNG YEON WOO Posted : October 8, 2026, 14:28 Updated : October 8, 2026, 14:28

The small business sector has requested greater participation in major national projects from Lee So-young, the Minister of SMEs and Startups.


The Korea Federation of Small and Medium Enterprises announced on October 8 that Lee met with small business leaders in a discussion held at the federation's Leaders' Room.


Fifteen representatives from the small business community, including Kim Ki-moon, the federation's president, attended the meeting, which also served as a congratulatory gathering for Lee's appointment and an opportunity for introductions among the small business leaders.


The small business leaders urged Minister Lee to work towards making small businesses a significant player in the South Korean economy through the regulatory reforms and the concrete implementation of small business participation in major national projects, as she had indicated during her confirmation hearing and inaugural speech.


Previously, during her inauguration ceremony on September 28, Minister Lee expressed her ambition to become a 'regulatory reform minister' focused on improving unreasonable regulations.


Kim Ki-moon expressed concern that the gap between large and small enterprises is widening, stating, "Polarization is an issue that the Ministry of SMEs and Startups and the small business sector must address together, and it is crucial for small businesses to participate in national projects to share the tangible benefits of economic revitalization."





* This article has been translated by AI.

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