Uljin-gun Secures 547.7 Billion KRW in National Funding for Next Year... Includes 265.5 Billion KRW for Pohang~Uljin~Samcheok Railway
SOC Sector Holds the Largest Share with 391.5 Billion Won
[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 8th, Uljin-gun, Gyeongbuk Province, held a strategic report meeting on securing national investment budgets at the county office to discuss the status of national fund acquisition activities, future plans, and response measures. The national budget secured by Uljin-gun for next year is 547.7 billion KRW, which is an all-time high, increasing by 12 billion KRW compared to this year.
By sector, the SOC sector accounted for the largest portion with 391.5 billion KRW. The agriculture, forestry, and fisheries sector received 27.1 billion KRW, the culture and tourism sector 4.1 billion KRW, the safety and environment sector 14.5 billion KRW, and general national projects 110.5 billion KRW.
The major national projects secured this time include ▲ Pohang~Uljin~Samcheok Donghae Jungbuseon railway construction 265.5 billion KRW ▲ Donghae Line electrification (Pohang~Uljin~Donghae) project 112 billion KRW ▲ Improvement of National Road No. 88 between Yeongyang and Pyeonghae 8.8 billion KRW ▲ Construction of Local Road No. 69 between Maehwa and Onjeong 3.8 billion KRW ▲ Marine Healing Center establishment project 2 billion KRW ▲ Development of core equipment technology for underwater gliders 2 billion KRW ▲ Support for safe fishing operations 1.8 billion KRW ▲ Construction of welfare center for foreign fishermen and Jukbyeon Port crew 1.6 billion KRW ▲ Smart water network management infrastructure construction 1.6 billion KRW ▲ Construction of Gyeongbuk Nuclear Disaster Prevention Town 400 million KRW ▲ Construction of Uljin Indoor Gymnasium 300 million KRW, etc.
Additionally, through the National Assembly budget review process, 7 projects including SOC projects were increased by 20.4 billion KRW. In particular, with an increase of 16.5 billion KRW compared to the government budget proposal for railway and road projects, Uljin-gun explained that this will accelerate the construction of transportation infrastructure for balanced regional development, moving away from transportation blind spots.
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County Governor Jeon Chan-geol said, "I am grateful for the active cooperation of National Assemblyman Park Hyung-su in securing this national budget and resolving local pending projects, as well as the efforts of several National Assembly members, local public officials, and Uljin-gun public servants." He added, "We will do our best to revitalize the local economy, which has been stagnant due to COVID-19, as well as promote regional development."
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