Jeonju City Prepares 2.2371 Trillion Won Budget for Next Year

Focus on Restoring the Livelihood Economy, Achieving Carbon Neutrality, Advancing New Growth Industries, and Building a Robust Social Safety Net

[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Jeonju City announced on the 15th that it has prepared a 2.2371 trillion KRW budget proposal for 2022 and requested review and approval from the Jeonju City Council.

This is an increase of 200 billion KRW (9.82%) compared to this year's original budget of 2.0371 trillion KRW.

The budget proposal for next year focuses on △livelihood and daily life, stronger economic recovery △future-oriented economic structure transformation △culture in the new normal and strengthening global competitiveness △strengthening a people-centered inclusive social safety net, among others.

First, Jeonju City allocated a total budget of 130.3 billion KRW to help complete the full recovery of daily life in the fields of quarantine and economy after the long tunnel of COVID-19.

The budget for maintaining a stable quarantine system includes △113 billion KRW for COVID-19 vaccination △1.4 billion KRW for COVID-19 living support projects △650 million KRW for COVID-19 measures and support △500 million KRW for integrated health promotion support projects such as mental healing △300 million KRW for disinfection projects, etc.

In addition, to stimulate consumption and support small business owners, self-employed people, and farmers, the budget includes △14.1 billion KRW for Jeonju Love Gift Certificates △4 billion KRW for small business card fee support △620 million KRW for special guarantees and interest subsidies for small businesses △300 million KRW for Yellow Umbrella Mutual Aid subscription support △300 million KRW for building a Jeonju-type public delivery app △350 million KRW for safe call services △1.8 billion KRW for traditional market environment improvement projects △3.2 billion KRW for farmers’ allowances △5.8 billion KRW for basic public direct payment projects, among others.

Especially, to support jobs for young entrepreneurs and local young people who are new to society, the budget includes △340 million KRW for Youth Tomorrow Savings △270 million KRW for employment-linked convergence advanced workforce training support △5 billion KRW for region-led youth job projects △280 million KRW for youth transportation expenses support for small and medium enterprises in industrial complexes △670 million KRW for the Youth Comma Project, etc.

Jeonju City also put effort into the budget for future-oriented economic structure transformation, including carbon neutrality, creating a city of ten million trees, and advancing future new growth industries.

The budget for realizing ‘2050 Carbon Neutrality’ includes △21.8 billion KRW for purchasing eco-friendly vehicles such as electric cars △13.1 billion KRW for reducing emissions from diesel vehicles △10.5 billion KRW for smart green cities △4.2 billion KRW for installing reusable container washing facilities, etc.

To create a city of ten million trees, the budget includes △15 billion KRW for purchasing privately owned land for long-term unexecuted urban parks △6 billion KRW for creating urban wind path forests △6.75 billion KRW for creating the Flower Heart Provincial Garden △2.5 billion KRW for creating fine dust reduction forests in the Innovation City △2.6 billion KRW for creating Wansan Chilbong Hanbitmaru Park, etc.

For future new growth industries including hydrogen, carbon, and drone industries, the budget includes △18.8 billion KRW for building hydrogen charging stations and supporting hydrogen vehicle purchases △4 billion KRW for hydrogen pilot city △2.8 billion KRW for creating a national industrial complex for carbon materials △1.6 billion KRW for building a drone sports complex center △4 billion KRW for building a new industry convergence knowledge industry center △700 million KRW for operating a VR·AR production base center, etc.

Along with this, the city set a budget to accelerate becoming a city of books where books become life and to strengthen the foundation for a sustainable global tourism city.

Including 5.2 billion KRW for building the Ajung Lake Library, the budget also includes △1.7 billion KRW for creating community-based libraries in Seosin and Jjokgureum △580 million KRW for cultural regeneration of Wansan Library △10.3 billion KRW for tourism hub city development projects △3.77 billion KRW for creating the Wansan Bunker 1973 art space △6.6 billion KRW for creating intangible heritage complex cultural facilities and art villages △1.6 billion KRW for the second phase development of Deokjin Park as a representative tourist site △9.6 billion KRW for building an indoor gymnasium △2.25 billion KRW for building a curling-exclusive stadium, etc.

Also, the budget for strengthening a solid social safety net includes △4.1 billion KRW for urban regeneration in Jeonju Station area and Inhu Banchon △3.4 billion KRW for creating new villages in Dongwansan-dong, Dotorigol, and Namnosong-dong △3.36 billion KRW for urban regeneration recognition projects △1.6 billion KRW for maintenance of the Dotorigol collapse risk area △42 billion KRW for road maintenance and construction △4.5 billion KRW for bicycle road construction △6.6 billion KRW for building new community centers in Hyoja 4-dong and Innovation-dong △65.6 billion KRW for outsourced waste operation and disposal costs, among others.

Furthermore, a welfare budget reaching 850 billion KRW was set to promote customized welfare such as livelihood benefits, childcare fees, child allowances, youth allowances, basic pensions, and support for disabled activities.

The 2022 Jeonju City budget proposal will be finalized after review at the 386th Jeonju City Council’s 2nd regular session on the 16th of next month.

Jeonju=Honam Reporting Headquarters Reporter Kim Han-ho stonepeak@asiae.co.kr

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