Gwangyang City Achieves Record High with 146.5 Billion Won Secured through Contests and Awards

Selected 102 Projects in Contest Securing 145.8 Billion KRW
Awarded in 33 Evaluation Categories Securing 700 Million KRW

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Gwangyang City announced that it achieved an all-time high performance by securing 146.5 billion KRW for 135 projects in various public contests and award programs conducted by central government ministries, Jeollanam-do, and other external organizations last year.

This result, which secured 39.7 billion KRW more compared to 106.8 billion KRW in 2019, is a valuable outcome of a full-scale response to secure dependent resources through rapid project discovery via progress report meetings and differentiated strategy establishment, in line with the increasing trend of selection in government and higher-level institutions’ COVID-19 response ‘Korean New Deal Comprehensive Plan’ centered public contest projects.

The major selected public contest projects include △Comprehensive maintenance project for flood and wind disaster living zones with 49.3 billion KRW △Job-linked support housing project with 23.1 billion KRW △Fishing village New Deal 300 project (Gwangyeong Dochon Port) with 9.6 billion KRW △Public building remodeling project with 9.6 billion KRW △Urban regeneration recognition project (Gwangyeong Sports Complex) with 8.3 billion KRW, totaling 102 projects selected and securing 145.8 billion KRW.

Additionally, major award projects include △National local governments job award with 200 million KRW △Government joint evaluation excellent institution with 170 million KRW △Disaster management evaluation excellent institution with 100 million KRW △Local finance analysis excellent institution with 50 million KRW, achieving a total of 700 million KRW in 33 categories.

Bang Ki-tae, Director of the Planning and Budget Office, said, “The all-time best performance in last year’s public contest and award projects is part of the achievement of securing a total of 456.8 billion KRW in national funds, and it was possible thanks to the citizens’ wishes for the leap as Jeollanam-do’s number one economic city,” adding, “This year as well, we will actively strive to discover projects suitable for improving citizens’ quality of life through differentiated and proactive responses unique to Gwangyang City.”

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