Showing swift progress in line with the Ministry of Economy and Finance's government budget review

Shin Woo-cheol, Wando County Governor, is meeting with Ando-geol, Budget Director of the Ministry of Economy and Finance, to secure next year's government budget. (Photo by Wando County)

Shin Woo-cheol, Wando County Governor, is meeting with Ando-geol, Budget Director of the Ministry of Economy and Finance, to secure next year's government budget. (Photo by Wando County)

View original image


[Asia Economy Honam Reporting Headquarters Reporter Choi Kyung-pil] Wando County, Jeollanam-do announced on the 11th that County Governor Shin Woo-cheol visited the Ministry of Economy and Finance on the 9th to ensure the smooth progress of major pending projects and secure next year's government budget.


After visiting central government ministries on the 25th of last month, Governor Shin revisited the Sejong Government Complex to request cooperation so that Wando County's projects could be included in next year's government budget proposal.


He met with Ando-geol, Director General of the Budget Office at the Ministry of Economy and Finance, to explain the necessity and feasibility of including the regional long-awaited project, the "Goheung-Wando Coastal Tourism Road National Highway Upgrade," in the 2nd National Road Network Comprehensive Plan.


Additionally, he requested 9.3 billion KRW in national funds for the "Wando Marine Healing Center Construction Project," scheduled for completion in October next year, and proposed 2 billion KRW in national funds for the "2021 Wando International Seaweed Expo," which will present the future vision of the seaweed industry by converging and complexing various industries such as bio, pharmaceuticals, beauty, and energy based on seaweed and the 4th industrial revolution.


He also requested the inclusion of 500 million KRW in national funds for design costs out of the 25 billion KRW project budget to establish a seaweed bioactive material production facility aimed at fostering the seaweed-specialized marine bioindustry.



Governor Shin Woo-cheol said, "Due to the impact of COVID-19, securing national funds for new projects next year is expected to be difficult," and added, "We will make every effort to ensure that our county's major projects are included in the first review of the government budget by the Ministry of Economy and Finance."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing