Ulsan Deputy Mayor for Economic Affairs An Hyodae Takes Swift Steps to Secure Next Year's National Budget Projects... Proposes Inclusion of Key Projects for the 8th Term of Local Government

On the 21st, Visit to Key Budget Review Departments of the Ministry of Economy and Finance

Ulsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Ulsan City’s Deputy Mayor for Economic Affairs, An Hyodae, visited the Ministry of Economy and Finance at 3:30 PM on the 21st to request the inclusion of the 2023 national budget projects.

On this day, Deputy Mayor An met sequentially with the heads of the Employment Budget Division, Industry and Small and Medium Venture Budget Division, Research and Development Budget Division, Regional Budget Division, and Safety Budget Division, asking for their attention to Ulsan and to ensure that Ulsan’s key projects are reflected as much as possible in next year’s national budget.

During the meetings, he emphasized the urgent need for national funding for Ulsan City’s priority projects in the 8th local government term, including ▲ the establishment of the Yeongnam International (Global) Skilled Technology Promotion Center ▲ the Digital Transformation (IDX) project for the shipbuilding and marine steel manufacturing industry ▲ the construction of arterial roads in the Research and Development (R&D) district ▲ and the construction of a medical complex town through the establishment of the Ulsan National Institute of Science and Technology (UNIST) Medical Science Institute.

He also explained the necessity of securing budgets for ▲ support projects to secure core parts and vehicle safety for electric and hydrogen vehicles ▲ technology development for export-oriented shipbuilding and marine small modular reactors (SMR) ▲ development and demonstration projects of AI-based simulation autonomous welding solutions ▲ and the establishment of a dedicated 119 Safety Center for nuclear disaster response.

Deputy Mayor An has been actively working on securing next year’s budget through comprehensive efforts, including a meeting with the Deputy Prime Minister for Economy and the Budget Office Director on the 9th and visits to relevant departments on this day.

Deputy Mayor An said, “The projects we are proposing this time are major projects that Ulsan City is focusing on in the 8th local government term. We will ask for cooperation to ensure that they are definitely reflected in next year’s government budget to promote the re-advancement of local industries as well as balanced regional development.”

As a full re-prioritization of projects within ministries is underway, the Ministry of Economy and Finance’s second review of budget proposals from major ministries such as the Ministry of Trade, Industry and Energy, Ministry of Employment and Labor, and Ministry of Land, Infrastructure and Transport is scheduled to begin next week. With the Ministry of Economy and Finance’s budget review progressing rapidly, swift responses are necessary to ensure the inclusion of next year’s budget.

Accordingly, Ulsan City plans to make every effort to ensure that its key projects are included as much as possible in the government budget by the end of August, when the Ministry of Economy and Finance’s budget review is expected to conclude.

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