Gwangyang-si Selected for Hometown Olrae 'Youth Complex Space Creation Contest Project'
Selected in the Ministry of the Interior and Safety Contest, Secured 500 Million KRW in National Funding
Gwangyang City in Jeollanam-do announced that it has been finally selected in the ‘Youth Complex Space Creation’ category of the ‘Gohyang Ollae (GO鄕 ALL來)’ contest project hosted by the Ministry of the Interior and Safety, securing 500 million KRW in national funding.
The ‘Gohyang Ollae’ project, launched for the first time this year, is designed to secure a resident-type living population and revitalize the local economy by reflecting rapidly changing policy environments such as the risk of local extinction and increased population mobility.
The city plans to invest a total of 1 billion KRW to create a residential complex space including convenience facilities such as educational spaces and shared offices by utilizing idle facilities in Gwangyang-eup, supporting both jobs and housing facilities, which are the biggest challenges for youth to settle in the area, in order to expand the living population of young people.
Lee Hyun-joo, head of the Youth Job Division, said, “We will strive to contribute to the influx of young living population and revitalization of the local economy through this project,” adding, “We expect this to be a turning point for the region to regain vitality and for the economy to be revitalized through the influx of living population.”
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Heo Seon-sik, Honam Reporting Headquarters, Asia Economy hss79@asiae.co.kr
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