Gyeongbuk Gimcheon-si, Full Effort to Secure 2023 National Investment Budget ... Total 55 Projects

Large-scale SOC, Future Growth Businesses, etc.

Gyeongbuk Gimcheon City held a 2023 national investment budget securing report meeting in the city hall's 2nd-floor conference room, chaired by Deputy Mayor Kim Il-gon.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Gimcheon City, Gyeongbuk Province, recently held a 2023 national investment budget securing briefing session.

At the briefing, each department presented plans to secure national funds and response strategies for major projects, including new projects linked to national policy directions, and discussed securing strategies.

The proposed projects included 20 new projects with a requested amount of 36.3 billion KRW and 35 ongoing projects with a requested amount of 375.5 billion KRW, totaling 55 projects with an overall project cost reaching 1.18 trillion KRW.

The new projects include ▲Daegu Metropolitan Railroad Network Gimcheon Extension ▲Jangam District Drainage Improvement Project ▲National Road Alternative Bypass Road (Yangcheon~Daehang) Construction Project ▲Installation of Simple Public Sewage Treatment Facilities, among others.

Key priority projects include ▲Integrated Health Town Construction ▲Tuning Car Performance and Safety Testing Center Construction ▲Regional Hub Drone Practical Test Site Establishment Project ▲Gamho District Urban Regeneration New Deal Project ▲Southern Inland Railroad (Gimcheon~Geoje) Construction Project ▲National Road No. 59 (Gimcheon~Gumi) Expansion Project ▲Aged Water Supply Maintenance Project, which are large-scale SOC projects and future growth businesses.

The city plans to establish phased national fund securing strategies aligned with the national budget formulation schedule to respond proactively and preemptively.

First, in April, the city will actively respond to ensure that the proposed projects secure priority in Gyeongbuk Province, and in May and June, during the central government budget formulation and reflection stages, the heads of local offices and departments will directly visit central government ministries to actively explain the necessity of regional projects.

Kim Il-gon, Deputy Mayor of Gimcheon, said, “Securing national and provincial funds requires a strong will to implement the discovered projects,” and added, “We will frequently visit the provincial government and central ministries to ensure that the proposed projects are included in the government budget.”

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