Gangwon-do, Special Self-Governing Province Bill Specification and Development Focused on Securing Autonomous Finance Bill

The National Assembly Plans to Pass the 'Gangwon Autonomous Province Bill' and Others in the Plenary Session on the Afternoon of the 27th

Gangwon Provincial Government

[Asia Economy Reporter Ra Young-cheol] As the bill granting Gangwon Province the status of a special self-governing province passed the National Assembly's Legislation and Judiciary Committee on the 26th, the province decided to focus on discovering special exemptions for regional regulations to revitalize development in its 18 cities and counties.

According to the Gangwon Research Institute on the 27th, research will begin to concretize the Gangwon Special Self-Governing Province bill and shorten the enactment period of follow-up bills.

The Gangwon Special Self-Governing Province bill includes 23 provisions granting legal status and various special exemptions and support measures.

Accordingly, the province plans to focus on developing bills to secure autonomous finances, including the development of Gangwon autonomous province projects, discovering and fostering industrial special exemptions, and transferring national taxes.

Meanwhile, the National Assembly is scheduled to hold a plenary session in the afternoon to process the Gangwon autonomous province bill and others.

If the bill passes, Gangwon autonomous province will be launched in June next year as the third nationwide, following Jeju and Sejong.

Kim Seok-jung, Acting Director, said, "The Gangwon Special Self-Governing Province bill lacks detailed administrative and financial preferential measures," adding, "We will support research to concretize industrial special exemption plans and enable the province and each city and county to jointly ease regional regulations."

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