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Slow recovery for businesses in once-busy Itaewon after Halloween crowd crush
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Slow recovery for businesses in once-busy Itaewon after Halloween crowd crush

Efforts to Revive South Korea's Iteawon District

The transcript discusses the efforts being made to revive the Iteawon district in South Korea, which was hit hard by a tragic crowd crush incident that killed 159 people.

Government and Celebrity Efforts

  • Korean celebrities and the government are making efforts to bring visitors back to Iteawon.
  • The Ministry of SMEs and Startups is overseeing many of the businesses in the area and spearheaded a cultural event to help revive the district.

Slow Recovery

  • Credit card spending has shown signs of recovery in the first three months of 2021, but it is still far below pre-incident levels.
  • Businesses have also been impacted by the COVID-19 pandemic, with sales only recovering to 30% of what they were before.

Optimism for Future Recovery

  • Despite these challenges, there is optimism that Iteawon will once again be a bustling place for locals and foreigners alike.
Video description

Businesses in Itaewon are struggling to find their feet, as visitors shun the once-busy district after a tragic crowd crush that killed 159 people nearly six months ago. But recent efforts by the government and Korean celebrities are slowly drawing customers back to Seoul’s popular nightlife district. CNA’s Lim Yun Suk reports. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service on Telegram: https://cna.asia/telegram Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia