Gyeongbuk Province Finally Selected for 2 Ministry of Land, Infrastructure and Transport Regional Development Projects This Year... Total Project Cost of 12.18 Billion Won Invested

Combining Residential Platforms + Living SOC + Jobs, Regional Economic Revitalization Expected

Conceptual plan for the 'Seongju Happy Village Dream Star Place Project Embracing the Stars'.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Gwiyeol] Gyeongbuk Province has been selected for two projects in this year's regional demand-tailored support contest conducted by the Ministry of Land, Infrastructure and Transport to improve the quality of life for residents in underdeveloped areas and revitalize the local economy: the ‘Goryeong Dasan-myeon Rural Therapy Return-to-Farming Town Development Project’ and the ‘Seongju Star-Embracing Happy Village Dream Star Site Development Project.’

First, the Goryeong-gun Dasan-myeon Rural Therapy Return-to-Farming Town Development Project will utilize the old Beolji Branch School site in Beolji-ri, Dasan-myeon, to create public rental housing and shared spaces for culture, leisure, and daily life targeting young people returning to farming and rural areas.

Concept plan for the "Goryeong Dasan-myeon Rural Therapy Return-to-Farming Town Development Project."

Additionally, by supporting customized educational programs, the plan is to establish a leading model for economic revitalization in rural areas, with a total project cost of 5 billion KRW (2.5 billion KRW from the national government and 2.5 billion KRW from the county government).

Seongju-gun’s ‘Star-Embracing Happy Village Dream Star Site Development Project’ aims to improve settlement and living conditions for workers of companies located in the Seongju General Industrial Complex in Geumsan-ri, Seongju-eup, by expanding public rental housing and living infrastructure to enhance residents’ convenience.

For this, a total project cost of 12.18 billion KRW (2.5 billion KRW national funds, 4.48 billion KRW county funds, and 5.2 billion KRW private investment) will be invested.

National budget support for the two projects selected in this contest is planned to begin next year.

Park Dong-yeop, Director of the Construction and Urban Bureau of Gyeongbuk Province, said, “This project is expected to greatly contribute to improving the quality of life for local residents, revitalizing the local economy, and attracting population through the establishment of essential living infrastructure and attracting private investment.”

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