'Launch Meeting for the Study on Establishing Investment Plans for the Local Extinction Response Fund' Held

Local Extinction Response Fund Investment Plan Establishment Kick-off Meeting [Gapyeong-gun]

Local Extinction Response Fund Investment Plan Establishment Kick-off Meeting [Gapyeong-gun]

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[Asia Economy Reporter Ra Young-cheol] Gapyeong-gun, Gyeonggi Province, has taken proactive measures to revitalize the local population by holding a kickoff meeting for a research project to establish an investment plan for the Local Extinction Response Fund.


According to the county on the 2nd, the Ministry of the Interior and Safety will provide support totaling 10 trillion won over 10 years, with 1 trillion won annually starting this year, focusing on areas designated as population decline regions in October last year.


The fund will support basic local governments with up to 12 billion won this year and up to 16 billion won next year, with differential support based on the evaluation results of investment plans submitted by local governments by May this year.


Based on an analysis of local conditions and resident demands, the county plans to develop projects in various fields such as jobs and economy, childbirth and childcare, education, housing and residential environment improvement, and increasing the living population to prepare customized measures to boost local population vitality.


Additionally, a TF team for population decline and local extinction response will be formed to establish a collaborative system among departments, focusing all efforts on securing the fund through project discovery, priority selection, and operational promotion systems.


Earlier, on the 28th, the county held a kickoff meeting for the research project to establish the investment plan for the Local Extinction Response Fund, attended by the county governor and department heads.



Governor Kim Seong-gi said, "We will secure the Local Extinction Response Fund by utilizing Gapyeong-gun's unique resources and actively respond to the local extinction crisis by revitalizing the region."


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

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