Lee Cheol-woo, Governor of Gyeongbuk Province, Visits Ministry of Economy and Finance to Secure National Funds and Support Local Region

Gyeongbuk Province Governor Lee Cheol-woo is seen meeting with Ahn Il-hwan, the 2nd Vice Minister of the Ministry of Economy and Finance, on the 4th to explain local issues.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Lee Cheol-woo, Governor of Gyeongbuk Province, held a video conference on the progress of the 2021 national investment budget at the Sejong office on the 4th, and then visited the Ministry of Strategy and Finance to actively secure budgets related to regional issues such as the Pohang earthquake damage.

On that day, Governor Lee visited Ahn Il-hwan, 2nd Vice Minister, Ahn Do-geol, Budget Director, and Choi Sang-dae, Chief Budget Review Officer at the Ministry of Strategy and Finance, in succession to explain local pending projects and request support for the national investment budget.

Regarding the limitation of compensation for damages under the 'Pohang Earthquake Special Act' to 70%, he proposed raising it to 100% and abolishing the support limit by type such as housing repair (maximum 120 million won). He also requested special support to revitalize the local economy affected by the earthquake, including 20 billion won for the detailed design of the Yeongilman cross-section highway.

Along with this, as the relocation site of the Daegu-Gyeongbuk Integrated New Airport has been confirmed, he explained the urgency of expanding new logistics infrastructure and requested 3.3049 trillion won for three railway lines including 550 billion won for the Jungang Line double-track electrification project, and 3.925 trillion won for five highway lines including Bukgumi IC~Gunwi IC.

Regarding follow-up measures for the enactment of the 'Special Act on Restoration and Maintenance of Core Relics of Silla Royal Capital,' he requested 20.9 billion won for the restoration and maintenance project of the core relics of Silla Royal Capital and to separate the budget from the total cultural heritage repair project to a separate project in accordance with the purpose of the special act.

Governor Lee Cheol-woo encouraged the staff at the Sejong office that day, saying, "As the integrated new airport leading the century-long future of Daegu and Gyeongbuk is being wisely promoted through concession and compromise, this is the most important time for the region to take a step forward," and urged, "Do not miss the timing and be thoroughly armed with meticulous logic to ensure there is no negligence in securing the national investment budget."

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