Iksan City Secures Maximum National Budget Next Year for Korean New Deal Response

Proactive Response and New Business Development by Sector

Photo by Iksan City

[Asia Economy Honam Reporting Headquarters Reporter Hong Jaehee] Iksan City, Jeonbuk, is busy securing the largest national budget for next year by discovering new projects in response to the government's Korean New Deal core projects.

On the 31st, the city announced that it held the '2021 National Budget Securing Progress Report Meeting' chaired by Vice Mayor Yoo Hee-suk at the city hall situation room.

The meeting was prepared to identify issues derived from the second review by the Ministry of Economy and Finance on the 29th, to proactively respond during the remaining period, and to discover new projects that align with the Korean New Deal policy.

The city plans to promote the 'Iksan-type New Deal policy' by additionally discovering the materials, parts, and equipment (SoBuJang) sector that enables manufacturing innovation, such as promoting the smartization of local textile, stone, jewelry, and food industries in line with the Korean New Deal.

Furthermore, to prepare for the post-COVID-19 era, the city will strengthen strategies and justifications for attracting the National Infectious Disease Research Institute and the National Rare Disease Medical Center to Iksan, and actively work to build the largest medical bio R&D city in Korea.

Also, the city plans to check and intensively manage the progress of this year's new national budget projects, including the Jeonbuk IoT Industrial Safety Experience Education Center construction project, Smart Agricultural Venture Startup Campus installation project, Iksan World Heritage Exploration Hub Center, and the establishment of a Youth Food Startup Hub in the National Food Cluster.

In addition, the city reviewed the progress of environmental projects such as the Jangjang Village Revitalization Project, illegal landfill waste relocation project at abandoned stone mines, full purchase of Wanggung Hyun-up Livestock Barns, and ecological restoration projects, and discussed strategies for the third review by the Ministry of Economy and Finance and the National Assembly stage.

Vice Mayor Yoo Hee-suk said, "We will mobilize all administrative power to secure the national budget and create a foothold to revive the local economy, which has been stagnant due to COVID-19," adding, "We will actively work with Jeonbuk Province and political circles to secure the largest government budget until the end of next month when the Ministry of Economy and Finance's budget review is completed."

Meanwhile, next year's national budget will be finalized by December 2 after being submitted to the National Assembly by September 2 with the government budget reorganized through the Ministry of Economy and Finance's review and going through the deliberation and resolution process.

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