Selected for this Year's Saetteul Village Project Contest, 21,500㎡ and 92 Households with 3 Billion Won Investment by 2025

Yeongju Saejikgol Village.

Yeongju Saejikgol Village.

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[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Gwi-yeol] Saejikgol District in Hamang-dong, Yeongju City, Gyeongbuk Province, is being reborn as a healing village.


On the 14th, Yeongju City announced that Saejikgol District in Hamang-dong was finally selected for the Saetteul Village Project, hosted by the Presidential Committee on Balanced National Development and the Ministry of Land, Infrastructure and Transport.


After Gyeongbuk Province's self-evaluation and on-site evaluation by the Balanced National Development Committee, 10 Saetteul Village projects in urban areas nationwide were finally selected.


The project will be carried out over four years until 2025, investing a total of 3 billion KRW, including 2.1 billion KRW in national funds, 270 million KRW in provincial funds, and 630 million KRW in city funds, targeting 92 households over 21,500㎡ in Saejikgol.


Saejikgol has continuously declined since 1991 when the construction of apartment complexes divided the natural village into two. Vulnerable households account for 20.6% of the total households in the village, and houses older than 30 years make up 56.8%. There are no community facilities for residents, so the residential environment is expected to improve significantly through this project.



Jang Uk-hyun, mayor of Yeongju City, said, “We will establish practical living infrastructure that residents can feel directly, so that Saejikgol residents receive direct benefits,” and added, “Please look forward to seeing Saejikgol reborn as a ‘village where people want to stay’ through customized residential environment improvements.”


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

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