Lee Cheol-woo, Governor of Gyeongbuk Province, Visits Ministry of Economy and Finance ... First Step to Securing Next Year's Budget

Governor Lee Cheol-woo visiting the Ministry of Economy and Finance on the 25th, meeting with Kim Wan-seop, Budget General Review Officer.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Lee Cheol-woo, Governor of Gyeongbuk Province, visited the Budget Office of the Ministry of Economy and Finance on the 25th to explain major pending projects for 2022 and requested that regional projects be significantly reflected in next year's government budget proposal.

This visit, timed with the preparation of the 2022 national investment budget by government ministries, was described by Gyeongbuk Province as the first step to proactively visit the Ministry of Economy and Finance to thoroughly explain vulnerable regional issues and maximize the inclusion of regional projects in next year's budget.

On this day, Governor Lee personally met with officials at the Ministry of Economy and Finance to explain the necessity of regional pending projects. In particular, he made sure to inform Kim Wan-seop, Chief Budget Review Officer, and Kim Kyung-hee, Welfare and Safety Budget Review Officer, about Gyeongbuk's major pending projects and requested their special consideration.

The major SOC infrastructure issues in the Gyeongbuk region include ▲ Yeongilman Transversal Section Highway (Pohang~Yeongdeok) 18 billion KRW ▲ Jungang Expressway (Eumnae JC~Uiseong IC) expansion 1 billion KRW ▲ Bukgumi IC~Gunwi JC highway 1 billion KRW ▲ Mungyeong~Gimcheon inland railway 5 billion KRW ▲ Jungang Line double-track electrification (Dodam~Yeongcheon) 270.2 billion KRW.

For regional economic recovery and future advanced industry attraction projects, the following were highlighted: ▲ XR Convergence Industry Ecosystem Construction 7 billion KRW ▲ Industrial Complex Specialized AI Innovation Cluster 5.5 billion KRW ▲ Regional Digital Innovation Hub Project 5 billion KRW ▲ High-performance Next-generation Secondary Battery Commercialization Technology Development Project 10 billion KRW ▲ 5G-based Low-carbon Microgrid Green Industrial Complex Pilot Project 7.1 billion KRW ▲ Smart Robot Zone Construction 6 billion KRW.

Gyeongbuk Province plans to make every effort to reflect regional projects in the government budget proposal, centered on the national fund securing TF team called '2022 National Fund Gathering Dream Team,' until mid-August when the Ministry of Economy and Finance completes budget reviews on ministry budget requests.

Governor Lee Cheol-woo said, "Given the difficult economic situation, securing national funds for next year is not easy, but since national funds are absolutely essential to overcome the limitations of local finances, I ask for special consideration of regional projects in the 2022 national budget."

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