Governor Kim Jin-tae Requests 32.5 Billion Won in National Funds for Three Key Projects Including Osaek Cable Car
Provincial Leadership Launches Full-Scale National Fund Activities During Government Budget Deliberation Period

Gangwon Provincial Government

Gangwon Provincial Government

View original image


[Asia Economy Reporter Ra Young-cheol] The 8th term of Gangwon Province's civilian government has embarked on a full-scale effort to secure national funding for the next year.


Gangwon Province announced on the 5th that "Governor Kim Jin-tae will meet with Deputy Prime Minister for Economy Choo Kyung-ho on the 9th to explain the province's major core pending projects and request the government's attention and support."


Governor Kim plans to focus all efforts on securing next year's government budget centered on major pending projects, including campaign promises made during the election.


The province expects to complete consultations on the environmental impact assessment for the 'Seoraksan Osaek Cable Car Installation' project within the year and plans to request support of 5 billion KRW.


Following this, the province will also propose budget support for the successful promotion of the 'E-mobility Industry-Centered City Development' project with a new project budget of 23.3 billion KRW, 4.2 billion KRW for establishing a hydrogen storage and transportation cluster and equipment for the liquefied hydrogen reliability center, and early commencement of the '2nd Gyeongchun National Road Construction.'


Earlier, the province attended the Local Finance Council and requested the Ministry of Strategy and Finance to fully reflect major projects such as the Seoraksan Osaek Cable Car installation, early commencement of the 2nd Gyeongchun National Road, fostering the data industry capital, development of Yangyang Airport as an inbound pilot airport, and tourism development in abandoned mining areas in the government budget.


In particular, during the Ministry of Strategy and Finance's government budget review period, through practical contacts with each ministry, the leadership plans to directly engage in multifaceted national funding efforts focusing on projects that are difficult to include in future budgets, including the province's core pending projects.



Park Cheon-su, Director of Planning and Coordination, stated, "The provincial leadership and heads of departments will repeatedly visit the Ministry of Strategy and Finance and other central government ministries to emphasize the necessity of budget inclusion, and will mobilize all capabilities from the government budget (draft) formulation and review stage through to the National Assembly's approval to carry out budget securing activities."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing