Seongdong-gu Secures 167.3 Billion Won in External Funds, Focuses on Resident-Centered Projects

District Secures Total of 167.3 Billion KRW in External Funding in 2019, Up 55.2 Billion KRW (49.2%) from Previous Year... Resident-Centered Projects Including Seongdong Mom & Kids Complex Cultural Center Construction and Ttukseom Yusuji Complex Sports Center Development

[Asia Economy Reporter Jongil Park] Seongdong-gu (Mayor Jeong Wono) secured a total of 167.3 billion KRW in external funding last year through public contests and the reflection of national and city budgets.

This represents an increase of 55.2 billion KRW (49.2%) compared to the previous year, which is a remarkable achievement considering that the total budget for Seongdong-gu this year is 557.4 billion KRW.

The secured areas include ▲118 public contest projects such as the Sageun-dong Urban Regeneration Project and IoT-based daycare air quality management project, totaling 69.4 billion KRW ▲77 projects reflecting national and city budgets such as the creation of Seongsu Station Shoe Theme Station and installation of a pedestrian overpass in front of Haengdang Elementary School, totaling 62.2 billion KRW ▲93 other projects including improvement of public sports facilities and creation of children’s parks, totaling 35.7 billion KRW.

In particular, the budget for public contest projects more than doubled compared to the previous year. Through the “Government Life SOC Complex Project Contest,” 6.442 billion KRW in national funds was secured to be used for the construction of the Seongdong Mom & Kids Complex Cultural Center, Ttukseom Resin Complex Cultural and Sports Center, and Songjeong-dong Public Complex Office Building.

Additionally, funds will be invested in various community-based projects such as revitalization and modernization of traditional markets including Geumnam Market and four others, expansion of care services for socially vulnerable groups such as the elderly and disabled through the Care SOS Center contest project, and the establishment of five new public daycare centers as part of the national and public daycare expansion project.

Projects reflecting national and city budgets include maintenance of living infrastructure such as old sidewalks and sewage pipelines, regional economic revitalization projects such as construction of a public parking lot at Majang Livestock Market and support for traditional market youth malls, and safe and pleasant urban environment projects such as improvements to children’s protection zones and installation of Seongdong-style smart crosswalks.

Jeong Wono, Mayor of Seongdong-gu, stated, “This year, we will strive not only to actively secure external funding but also to obtain corporate social contribution funds and various other resources. Through this, we will accelerate the promotion of community-based projects so that residents can live in a safe and pleasant urban environment.”

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