Jeongeup-si Secures 547.7 Billion Won in National Budget for Next Year... 6.2% Increase from Previous Year

Published 27 Dec.2022 13:18(KST)

[Jeongeup=Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Jeongeup City in Jeonbuk announced on the 27th that it secured 547.7 billion won in national budget for next year, an increase of 32 billion won (6.2%) compared to 515.7 billion won the previous year.

This figure exceeds the government budget growth rate (5.1%), and the city expects it will provide momentum for promoting major pending projects and policy initiatives in Jeongeup.

Earlier, since early 2021, the city has continuously operated offices in Sejong and the National Assembly to secure the national budget.

Through this, Jeongeup City, central government ministries, and the National Assembly have formed an organic cooperative system, greatly contributing to securing the national budget.

It is also an achievement made through active cooperation not only with Jeonbuk lawmakers but also with budget subcommittee members from other regions during the National Assembly review stage.

The major new national budget projects for next year (15 items) include ▲ Establishment of shared infrastructure for agricultural and livestock microorganism industry (2 billion won, total project cost 20 billion won) ▲ 2023 Korean New Deal (Green New Deal) undergrounding project (1.143 billion won, total project cost 8.381 billion won) ▲ Jeongeup City Commercial District Renaissance Project (655 million won, total project cost 8 billion won) ▲ Aedang District Rural Water Use System Reorganization Project (300 million won, total project cost 29.151 billion won), among others.

▲ Baegun 3 District Drainage Improvement Project (100 million won, total project cost 15.8 billion won) ▲ Pyeongnyeong 2 District Drainage Improvement Project (100 million won, total project cost 14.7 billion won) ▲ Sinhwa District Water Facility Repair Project (1 billion won, total project cost 4 billion won) ▲ Geumbung Natural Disaster Risk Improvement District Maintenance Project (239 million won, total project cost 9.9 billion won) ▲ Suseong District Rainwater Retention Facility Installation Project (500 million won, total project cost 17.794 billion won), etc.

▲ Maejuk 2 District Steep Slope Risk Area Maintenance Project (487 million won, total project cost 974 million won) ▲ Sanoe Treatment Area Sewage Pipeline Installation Project (421 million won, total project cost 7.03 billion won) ▲ Jeongeup City Old Sewage Pipeline Maintenance Project (Phase 2) (300 million won, total project cost 5 billion won) ▲ Domestic Wheat Dedicated Drying and Storage Facility and Dedicated Equipment Support (654 million won, total project cost 2.892 billion won) ▲ Pharmaceutical Industry Future Workforce Training Center Construction (3.15 billion won, total project cost 18 billion won) ▲ Naejangsan Tea Ceremony Culture Center Morodancheong Repair (184 million won, total project cost 460 million won) projects.

Although the secured national funds for the first year of new projects are minimal, mid- to long-term national and provincial funding is guaranteed, so it is expected to greatly contribute to regional development.

Mayor Lee Hak-su said, “Next year, we will focus even more on securing the national budget, which will be the foundation for creating a citizen-centered, top-tier Jeongeup,” adding, “We will do our best to help advanced industries, job creation, and revitalization of the local economy, which are future growth engines.”