Responding with 'Results' in the New Year... Gyeongnam Province Secures 136.9 Billion Won in National Funding for Next Year

Selected for Multiple Central Government Public Projects Including Rural Space Development and Urban Regeneration

Gyeongnam Provincial Government. / Photo by Se-ryeong Lee ryeong@

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gyeongsangnam-do has secured over 136.7 billion KRW in national funds for 2023.

On the 26th, Gyeongnam Province announced that by being selected for various projects announced by central government departments this year, it will be able to operate current project funds with national resources.

The selected projects include ▲Ammonia Co-firing Fuel Propulsion System Ship Regulatory Free Zone ▲Development and Demonstration of Eco-friendly Ships for Marine Floating Waste Collection and Disposal ▲Urban Regeneration Projects ▲Idle and Closed Factory Remodeling Projects ▲Rural Space Maintenance Projects ▲Pilot Projects to Revitalize Fishing Villages ▲Operation of Artificial Kidney Rooms in Medically Underserved Areas ▲Ecological Green Tourism ▲Construction of a Dedicated Feed Factory for Eco-friendly Aquaculture ▲Campus Innovation Park Development Projects, among others.

An official from the province said, “The foundation of these achievements lies in the changed organizational culture of Gyeongsangnam-do since the launch of the 8th elected administration.”

“Through multiple rounds of expert consulting, the project plans were steadily refined to increase completeness, and Gyeongsangnam-do public officials have been equipped with a business mindset by repeatedly visiting the contesting institutions to logically persuade them of the project’s feasibility and necessity,” they evaluated.

They also stated that efforts were made to prevent indiscriminate applications for public contests by implementing a pre-screening system for all contest projects and ensuring that only projects essential to residents were submitted, thereby preventing waste of provincial finances due to project matching funds and enhancing financial management efficiency.

Ha Jongmok, Director of Planning and Coordination Office, said, “The national fund projects selected through contests will be carried out without fail for the development of Gyeongsangnam-do and its residents,” and added, “The 8th elected administration will continue to do its best at every moment to respond to residents with tangible results.”

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