Gyeongsangnam-do Opens Era of 6 Trillion Won in National Budget for the First Time ... 674.9 Billion Won Increase

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do secured a total of 6.5637 trillion KRW in national funds, an increase of 674.9 billion KRW compared to last year, as the budget for the province's key projects was largely reflected in the 2021 government budget passed by the National Assembly plenary session on the 2nd.

In the industrial economy sector, 6 billion KRW was allocated for the 4th Special Zone (Gyeongnam 5G Smart Factory), 12 billion KRW for support of commercialization of small and strong special zones, 3.6 billion KRW for development and demonstration of ICT convergence manufacturing operating systems, 2 billion KRW for the creation of economic innovation cities, and 3 billion KRW for establishing a demonstration base for smart sensing unit productization.

In the SOC, agriculture, marine, and environment sectors, 2 billion KRW was allocated for the introduction of electric trains from Bujeon to Masan, 40.6 billion KRW for early construction of the southern inland railway, and 1 billion KRW for support of eco-friendly oyster individuals for conversion of the oyster aquaculture industry.

In the education, culture tourism, and safety sectors, 500 million KRW was allocated for the cultural diversity festival MAMF, 30 billion KRW for the local government-university regional innovation platform construction project, and 3 billion KRW for the ultra-wide cooperation Gaya cultural zone creation project.

Since early this year, the province has focused on discovering new projects by forming the 'New Business Discovery Promotion Team.' Since February, it has made over 300 visits to various government ministries, the Ministry of Economy and Finance, and the National Assembly to secure national funds with full effort.

Kim Kyung-soo, Governor of Gyeongsangnam-do, said, "I am very pleased that most of the major project budgets have been increased," and added, "The precious budget, which was difficultly secured by the National Assembly, will be used effectively to create a new future for Gyeongsangnam-do and lay the foundation for the Southeast Mega City."

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