Naju-si, 92 Billion Won Reflected in Next Year's Government Budget Proposal

[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 3rd that 92 billion KRW related to local pending projects was reflected in next year's government budget proposal.

The government budget proposal to be submitted to the National Assembly on this day is about 539 trillion KRW in scale, and the city reflected 92 billion KRW for 59 major pending projects.

The city has been making all-out efforts to secure national funds by explaining the necessity of pending projects to central government ministries including the Ministry of Economy and Finance, with Mayor Kang In-gyu, National Assembly member Shin Jeong-hoon, and public officials working in unison.

The major projects reflected in the government budget proposal include ▲Feasibility study service for the establishment of the Ultra-High-Power Laser Center (500 million KRW) ▲Establishment of Energy New Material Industrialization Platform (1.7 billion KRW) ▲Establishment of Digital Transformation Infrastructure for Power Equipment (3 billion KRW) ▲Construction of Korea Polytechnics Power Technology Education Center (5.3 billion KRW), all of which are energy industry projects linked to Naju’s vision as the energy capital of Korea.

Among these, the Ultra-High-Power Laser Center is a national large-scale research facility included in the basic plan for the establishment of the Korea Energy Technology University.

The city expects that the function of next-generation energy research using lasers will be strengthened through connections with universities and national institutions such as Korea Energy Technology University, Gwangju Institute of Science and Technology (GIST), and Korea Electric Power Corporation (KEPCO), as well as improving the poor science and technology research infrastructure in the Honam region.

Urban regeneration and convenience projects for improving residential conditions in the old downtown and innovation city include ▲Bitgaram Innovation City Life SOC Complex Center (3.2 billion KRW) ▲Naju Theater Cultural Regeneration Project (500 million KRW) ▲Daehodistrict Public Parking Lot Construction Project.

Among these, the Innovation City ‘Life SOC Complex Center’ will be built on a 1,325㎡ site (total floor area 6,300㎡) next to the LH2 complex apartments in Bitgaram-dong, with a total of five floors.

The city plans to include a ‘Local Food Win-Win Food Market’ where fresh mountain agricultural products can be purchased, a ‘Children’s Theme Library,’ ‘Childcare Support Facilities,’ ‘Together Care Center,’ and ‘Agricultural Product Experience Center’ within the five-story building.

Additionally, projects such as ▲Comprehensive maintenance of Najucheon Fengshui living zone (2.5 billion KRW) ▲Maintenance of disaster risk improvement districts in Hojang, Pyeongsan, and Pungnim (7 billion KRW) will actively respond to disaster prevention closely related to citizens’ safety.

Mayor Kang In-gyu said, “A large number of local pending projects that will realize the vision of the energy capital and accelerate the improvement of residential conditions have been reflected in the government budget proposal,” and added, “We will do our best to ensure that the government budget proposal is finally confirmed through the National Assembly review by organic cooperation with local political circles and the National Assembly.”

Next year’s government budget proposal will be submitted to the National Assembly on this day and will be finally confirmed at the plenary session on December 2 after preliminary review by the standing committees of the National Assembly in October-November and comprehensive review by the Special Committee on Budget and Accounts.

Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong bong2910@asiae.co.kr

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