Gyeongnam Province Discusses Budget and National Funding Projects with People Power Party Provincial Committee and Representatives

On the 17th, Gyeongsangnam-do held a budget policy consultation meeting with the People Power Party Gyeongnam Provincial Party at the Glad Hotel in Yeouido, Seoul.

According to Gyeongnam Province, the meeting was attended by Governor Park Wan-su, heads of provincial offices and bureaus, Jeong Jeom-sik, chairman of the People Power Party Gyeongnam Provincial Party, and 10 lawmakers from the Gyeongnam region, totaling more than 30 participants.

They shared major provincial administration issues and discussed cooperation measures to secure budget for key national projects for the next year.

Attendees of the Budget Policy Council between Gyeongsangnam-do and the People Power Party Gyeongnam Provincial Party are taking a commemorative photo.
[Photo by Gyeongnam Provincial Government]

The main issues included ▲proposal to establish a task force for the creation of an aerospace complex city ▲cooperation for the enactment of the tentative Namhaean Tourism Promotion Special Act ▲designation of a demand-based system semiconductor specialized complex in Gyeongnam ▲export-oriented SMR advanced manufacturing process technology development project ▲designation of a Gyeongnam-type hydrogen specialized complex ▲expansion of metropolitan transportation networks for regional balanced development ▲upgrade of Geogadaero National Road No. 58 to an expressway ▲construction of the Namhaean Island Highway, among 11 items.

Governor Park said, “The recent improvement in Gyeongnam’s economic indicators such as employment, unemployment, trade balance, and manufacturing production index is thanks to government policies and the support of lawmakers,” adding, “I hope for active support to achieve the goal of securing national budget next year and to ensure substantial government support.”

He continued, “Please join forces for the prompt passage of the special law for the establishment of the Aerospace Administration, the establishment of a dedicated organization under the Ministry of Land, Infrastructure and Transport for the creation of the aerospace complex city, and the enactment of the Namhaean Tourism Promotion Act,” requesting cooperation and interest from local lawmakers regarding Gyeongnam’s issues.

Park Wan-su, Governor of Gyeongnam Province, is explaining key issues and national budget projects at the Budget Policy Council. [Photo by Gyeongnam Provincial Government]

On the same day, Gyeongnam Province also proposed national budget projects including ▲support for the National Industrial Complex 2.0 linked manufacturing startup festival ▲development of SMR core equipment manufacturing technology applying PM-HIP process, a high-temperature isostatic powder metallurgy technology ▲construction of a public children’s rehabilitation hospital in the Gyeongnam area ▲environmentally friendly establishment of a robot business linked to the robot industry ▲support for renovation of intangible cultural heritage transmission education centers ▲construction of a new port business center ▲creation of the Namhaean Yi Sun-sin Victory Route marine park ▲formation of a space industry cluster ▲construction of a public bus garage in Jinju city.

Also included were ▲strategic cultivation of oyster as a clean fishing ground specialty item ▲function enhancement project for the provincial psychiatric hospital ▲construction of the National Gyeongnam Youth Treatment and Rehabilitation Center (Didim Center) ▲construction of the Gyeongsangnam-do marine ecology complex center ▲establishment of a foundation to support leading advanced bio-technology companies ▲construction of the Busan~Yangsan~Ulsan metropolitan railway network ▲creation of a Seonbi cultural heritage Pungnyu tourism belt ▲southern region metropolitan tourism development project ▲and construction of the Hamyang~Ulsan expressway.

Kim Ki-hyun, leader of the People Power Party (left), and Park Wan-su, governor of Gyeongnam Province, are shaking hands.
[Photo by Gyeongnam Provincial Government]

After the budget policy consultation meeting, Governor Park met with Kim Gi-hyeon, leader of the People Power Party, urging party-level cooperation for securing next year’s national budget and the prompt passage of the special law for the establishment of the Aerospace Administration submitted to the National Assembly.

The province announced that following the securing of a record-high national budget of 8.7157 trillion won this year, it aims to secure 9.6 trillion won next year, a 10% increase over this year.

To secure the national budget for the key projects proposed that day, the province plans to strategically respond to the government and the National Assembly, and focus administrative efforts by establishing a cooperative system with local lawmakers and city and county governments.

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