Gyeonggi-do to Invest 5.3 Trillion Won in New Deal Projects to Create 320,000 Jobs

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is promoting the 'Gyeonggi-do New Deal Project' to revitalize the local economy, which has been stagnant since COVID-19.

On the 23rd, Gyeonggi Province announced that it will invest a total of 5.38 trillion won, including 1.3 trillion won of provincial funds by 2022, to promote 24 projects in the data sector, 25 projects in the low-carbon sector, and 20 projects in the safety sector, creating 320,000 new jobs.

In the 'digital' sector, the province selected key tasks such as expanding public platforms for digital asset sharing (21.4 billion won), creating a digital manufacturing environment for future industries (150.4 billion won), and bridging the digital ecosystem information gap (46.7 billion won).

Major projects include data preprocessing jobs involving resident participation, operation of franchise information platforms, self-reliance in the materials, parts, and equipment industry, and operation of a one-on-one learning support platform for learning-disadvantaged groups.

The province expects that if these projects proceed smoothly, 6,900 new jobs will be created.

In the 'low-carbon' sector, the province will invest 2.79 trillion won to create 25,000 jobs.

Key projects include establishing an ecological safety net to respond to climate change (1.074 trillion won), revitalizing the economy through the transition to a low-carbon industrial structure (1.0107 trillion won), and building a low-carbon energy society with resident participation (75.8 billion won).

In the 'safety' sector, major tasks include strengthening employment safety nets related to social safety nets (1.2361 trillion won), building safety infrastructure for the digital society (907 billion won), and revitalizing the care economy based on safety (23.21 billion won).

The province plans to invest a total of 2.375 trillion won to create 284,000 jobs.

At an online briefing on the same day, Lee Yong-cheol, Deputy Governor for Administration 2 of the province, declared, "The scientific and technological revolution after COVID-19 is accelerating the digital economy and advancing the changes of the 4th Industrial Revolution. To prepare for this, we are promoting the Gyeonggi-do New Deal policy."

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