Chungnam, Next Year's Government Budget Allocation Increased by 1 Trillion Won Compared to This Year

[Asia Economy (Naepo) Reporter Jeong Il-woong] Chungnam Province increased the amount reflected in next year's government budget by 1 trillion won compared to this year.

According to the province on the 21st, the amount reflected in the government budget for next year is 7.4075 trillion won, an increase of 1.0127 trillion won from this year's 6.3948 trillion won.

The main increased areas are social overhead capital (SOC), marine, and research and development (R&D).

In detailed projects and budgets by sector, ongoing projects in the social overhead capital sector include ▲ Seohae Line (Hongseong～Songsan) double-track electrification 502 billion won ▲ Asan～Cheonan Expressway construction 60 billion won ▲ Janghangseong improvement phase 2 construction 34.9 billion won ▲ Sejong～Anjeong Expressway 295.1 billion won, and new projects include ▲ Seonghwan-Ipjang local road (No. 70) construction 500 million won ▲ Useong-Iin local road (No. 96) construction 150 million won ▲ Jangcheok-Mokhyeon local road (No. 96) 150 million won, respectively.

In the marine sector, ongoing projects include ▲ Marine bio industrialization incubator 1.67 billion won ▲ Marine bio bank 4.3 billion won ▲ Taean marine healing pilot center 2.5 billion won ▲ Daesan Port management wharf construction 16 billion won ▲ Janggo Port construction 5.02 billion won, and new projects include ▲ Marine bio hydrogen demonstration plant advancement research 3.6 billion won ▲ Ungdo mudflat ecosystem restoration 350 million won ▲ Namdang Port environmental improvement 2 billion won.

In the research and development sector, ongoing projects include ▲ Display innovation process platform establishment 58.5 billion won ▲ Automobile alternative parts certification center 20.84 billion won, and new projects include ▲ Next-generation powder material parts development support center establishment 1.53 billion won ▲ Secondary battery material parts performance evaluation infrastructure establishment 4.76 billion won.

Additionally, the province reflected budgets such as 500 million won for the construction of the Chungnam Metropolitan Area Environmental Education Training Center, 840 million won for the connection and restoration of the Korean Peninsula ecological axis, and 14.85 billion won for the development of the Chungcheong Confucian Culture Area wide-area tourism.

The province plans to strengthen cooperation with local lawmakers and focus its capabilities for efficient response so that provincial government projects can be maximally reflected during the Ministry of Strategy and Finance's budget review stage, which runs from this month through August.

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