Ulsan, Onsan Urban Regeneration New Deal Project Resident Public Hearing Held

Total Project Cost of 25.2 Billion KRW ... Four-Year Project from Next Year to 2024

On the 8th, a public hearing for the Urban Regeneration New Deal project is being held at the Onsan-eup Administrative Welfare Center in Ulju-gun, Ulsan.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The resident public hearing for the ‘Onsan Urban Regeneration New Deal Project’ in Ulju-gun, Ulsan was held on the 8th at the Onsan-eup Administrative Welfare Center, attended by about 50 people including city and county council members, related experts, heads of institutions and organizations, and local residents.

This public hearing was organized to gather various opinions from local residents and experts on the activation plan for the ‘Urban Regeneration New Deal Project’ in order to apply for the 2020 Urban Regeneration New Deal Contest Project (General Neighborhood Type).

The hearing proceeded with an introduction to the Onsan Urban Regeneration New Deal Project activation plan, expert discussions, and a Q&A session. Attendees expressed their expectations for Onsan, which is set to transform into a better place to live, by presenting diverse opinions.

The main project contents include nine detailed projects under the major themes of the local economy in cooperation with the Onsan National Industrial Complex, a village with roots, and a community embracing diversity. These include building a regional economic platform, creating a local commercial ecosystem, establishing a culture-based village, forming a cultural community, and strengthening capabilities.

If selected for this contest project, it will receive 12 billion KRW in national funds from the Ministry of Land, Infrastructure and Transport, 6 billion KRW in city funds from Ulsan City, and a total of 25.2 billion KRW including the Housing and Urban Fund will be invested. The project is planned to be carried out over four years from next year through 2024.

Ulju-gun has been accelerating preparations for the project by operating an urban regeneration university in May and appointing architect Hong Seong-ik as the head of the Urban Regeneration Field Support Center.

Ulju-gun plans to complete related procedures such as collecting residents’ opinions and hearing the council’s views. If preliminarily selected in Ulsan City’s evaluation in August, the Ministry of Land, Infrastructure and Transport will verify the eligibility of the Urban Regeneration New Deal Project in October, and the final project selection will be confirmed based on the feasibility evaluation results.

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