Thanks to Semiconductors... Yongin City Increases Public Project Funding 18 Times in One Year

Minseon 8th Government and Gyeonggi Secure 51 Projects Worth 86.9 Billion Won
Mayor Lee Sang-il: "Thorough Preparation Leads to Strategic Response Success"

Since Mayor Sang-il Lee took office, Yongin Special City under the 8th local government has secured a budget of 86.9 billion KRW through various public contest projects over the past year.

Yongin City announced on the 28th that since Mayor Lee's inauguration on July 1st last year, it has secured a total of 55 projects and 86.9 billion KRW in funding through public contests hosted by external organizations such as the central government and Gyeonggi Province. This amount is 18 times greater than the 4.8 billion KRW (48 projects) secured in the last year of the 7th local government.

Over the past year, the projects secured by the city include 41 projects (83.1 billion KRW) led by the central government and 14 projects (3.8 billion KRW) led by Gyeonggi Province.

Aerial view of Yongin Semiconductor Cluster [Source=Yongin City]

The sharp increase in contest funding was largely driven by the semiconductor cluster. The Wonsam Semiconductor Cluster in Yongin was selected as a national advanced strategic industry specialized complex in the semiconductor sector by the government, resulting in 50 billion KRW in national funding for infrastructure expansion.

On the 20th, the Ministry of Trade, Industry and Energy designated three locations ? the I-dong and Namsa Yongin National Industrial Complex, the Wonsam Yongin Semiconductor Cluster, and Samsung Electronics Giheung Future Research Center ? as national advanced strategic industry and materials, parts, and equipment (SoBuJang) specialized complexes for semiconductors.

The city explained that the increase in public contest projects since the launch of the 8th local government in Yongin is due to Mayor Lee’s strategic response to secure insufficient budgets and his proactive use of central government human networks.

To systematically respond to public contests conducted by the central government and Gyeonggi Province, Yongin City established the “Public Contest Participation Activation Promotion Plan” in February. Following this, the city has been promoting contests by operating a pre-review system by department based on previous contest failures and receiving consulting from the Yongin City Policy Research Institute.

In particular, Mayor Lee’s extensive personal network was also evaluated as helpful both inside and outside the city. A Yongin City official stated, “Mayor Lee actively contacted the central government, directly explained the project preparation status, and promoted the justification for the designation of the specialized complex, which was effective.”

Additionally, Yongin City has consecutively secured public contest projects in the fields of culture and arts, environment, and urban regeneration. Representative projects include the “Urban Regeneration Project” covering 200,467㎡ around Yongin Central Market (18.6 billion KRW), the “Smart Tourism City Development Project” in Giheung District (4.5 billion KRW), the “General Agricultural and Fishing Village Development Project” in Baegam-myeon, Cheoin District (2.8 billion KRW), the “Zero-Emission Vehicle Conversion Brand Project” by region (1.8 billion KRW), and the “Intelligent Transportation System Construction Project” (3.27 billion KRW). Among these, the urban regeneration of Central Market was a project that failed once during the 7th local government.

Lee Sang-il, Mayor of Yongin Special City, is delivering a greeting at the inauguration ceremony of the 4th Yongin City Youth Policy Network held at the City Hall Convention Hall on the 27th.

Mayor Sang-il Lee said, “There are limits to the city’s finances when promoting various projects to improve citizens’ quality of life, so we have made efforts to secure a large amount of national and provincial funding through public contests. Moving forward, we will strategically respond with meticulous plans to various public contests that align with the direction of city administration.”

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