During Minseon 7th Term, Jo Gyu-il Secures 552.1 Billion KRW in National and Provincial Funds for Next Year... Largest Ever Amount

National Funding 432.7 Billion KRW and Provincial Funding 119.4 Billion KRW, an 8.8% Increase Compared to the Previous Year

Jinju City Hall Exterior View

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province announced on the 15th that it secured a budget of 552.1 billion KRW in national and provincial funds for 2022.

The national budget for 2022 is 432.7 billion KRW, and the provincial budget is 119.4 billion KRW. This is 8.8% more than this year, marking the largest scale ever based on the main budget.

The scale of national and provincial funds secured during the 7th elected term has steadily increased: ▲2018 - 339.8 billion KRW ▲2019 - 381.3 billion KRW ▲2020 - 456.8 billion KRW ▲2021 - 507.1 billion KRW.

Since February, Jinju City has been operating the ‘Special Countermeasures Headquarters for Securing National and Provincial Budgets,’ led by the deputy mayor, and has been actively working to secure the budget.

Looking at the major national and provincial projects for next year in the industry, trade, and science and technology sectors, the city secured ▲1.7 billion KRW for establishing a ceramic convergence base for transportation systems ▲2.0 billion KRW for supporting the Leading Research Center for Core Aviation Technologies ▲2.3 billion KRW for building a smart engineering base for aircraft structures ▲2.2 billion KRW for supporting public institution-linked development projects in the Innovation City ▲1.0 billion KRW for constructing a public specialized science museum.

Key projects in culture, sports, and welfare include ▲4.1 billion KRW for the modernization of Anrak Park ▲500 million KRW for the Silk Museum construction project ▲520 million KRW for the construction of the Southern Children's Library ▲500 million KRW for the Eastern Municipal Library construction ▲2.9 billion KRW for the creation of the Sinan-dong Complex Sports Town ▲700 million KRW for the Southern (Munsan) Life Culture Center.

In the land and regional development sector, the city secured ▲8.7 billion KRW for the regeneration project of Sangpyeong Industrial Complex ▲4.9 billion KRW for the creation of the Old Jinju Station Complex Cultural Park ▲3.5 billion KRW for the Seongbuk District Urban Regeneration New Deal Project ▲700 million KRW for the Gangnam District Urban Regeneration New Deal Project ▲1.8 billion KRW for the construction of a public parking lot in the Wolasan Jinseong Dongsan District.

In the environment and labor sectors, the budget includes ▲7.8 billion KRW for subsidies to purchase electric vehicles (cargo trucks) ▲2.5 billion KRW for supporting the purchase of hydrogen vehicles (buses) ▲2.9 billion KRW for the expansion of the Daegok public sewage treatment facility ▲6.0 billion KRW for sewage pipeline maintenance ▲2.0 billion KRW for maintenance of aging sewage pipelines.

In disaster safety and agriculture and forestry sectors, the city secured ▲3.4 billion KRW for the construction of the Integrated Food Support Center ▲2.6 billion KRW for the maintenance project of natural disaster risk zones in Jangjae and Jangheung.

Mayor Jo Gyu-il said, “I thank all our city employees, local members of the National Assembly, and public officials from our hometown for securing the largest-ever national and provincial budget for 2022. Since the budget, which is the driving force for advancing current projects, has been well secured, we will carry out all projects without delay and make 2022 a better year than this year.”

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