Seongdong-gu Secures 167.3 Billion Won in External Funding!...Accelerating Resident-Centered Projects

552 Billion KRW (49.2%) Increase Compared to Last Year... Investment in 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 (District Mayor Jeong Wono) secured a total of 167.3 billion KRW in external funding last year through public contest projects 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 funds were allocated to ▲118 public contest projects including the Sageun-dong urban regeneration project and IoT-based daycare center air quality management project, totaling 69.4 billion KRW ▲77 projects reflecting national and city budgets such as the creation of the Seongsu Station shoe-themed station and installation of a pedestrian overpass in front of Haengdang Elementary School, totaling 62.2 billion KRW ▲and 93 other projects including improvement of district-owned 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, which will 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-oriented 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 establishment of five new district-run daycare centers as part of the national and public daycare center expansion project.

Projects reflecting national and city budgets include maintenance of aging sidewalks and sewage pipelines, construction of a public parking lot at Majang Livestock Market, support for revitalization of youth malls in traditional markets to boost the local economy, 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 implementation of community-oriented projects so that residents can live in a safe and pleasant urban environment.”

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