Mokpo City Reflects 77 Pending Projects with 806 Billion KRW in Next Year's Government Budget Proposal

Mokpo Old Station Reconstruction, Youth Startup Knowledge Industry Center

Comprehensive Cooperation with Central Government, Jeonnam Province, and Political Circles

Mokpo City has reflected a government budget proposal of 806 billion KRW, an increase of 148.6 billion KRW (22%) compared to the previous year's major pending projects budget of 657.4 billion KRW.

Mayor Park Hong-ryul of Mokpo has made multiple visits to government ministries to explain the necessity of national funding support for local pending projects, while also making all-out efforts with politicians across party lines, including Seo Sam-seok, chairman of the National Assembly Budget and Accounts Committee.

The major related projects reflected in next year's government budget proposal include △ reconstruction of the old Mokpo Station △ construction of a youth startup knowledge industry center △ creation of a seafood export complex △ development of eco-friendly ship testing and evaluation demonstration technologies and other eco-friendly ship promotion industries △ establishment of the Western Maintenance Factory for the Coast Guard △ and the second phase of the Honam High-Speed Railway from Mokpo to Songjeong.

(On the left) Park Hong-ryul, Mayor of Mokpo City, met with Seo Sam-seok, Chairman of the National Assembly Budget Committee, on the 27th of last month to request national funding support for current projects. [Photo provided by Mokpo City]

The reconstruction project of the old Mokpo Station, promoted as a core project of Mokpo City’s 8th elected administration, has reflected 280 million KRW for detailed design out of the total project cost of 49 billion KRW (including the Korail budget).

This is the result of close cooperation with Jeollanam-do Province and is significant as it lays the foundation for creating a southwestern regional hub station through the modernization of Mokpo Station for the first time in over 20 years.

The youth startup knowledge industry center construction project, which will serve as an advanced base for youth-led industries, has reflected 500 million KRW for detailed design next year out of a total project cost of 26 billion KRW.

The seafood export complex project, which will invest a total of 115 billion KRW to concentrate seafood processing, distribution, export and startup support, and research and development (R&D) in the Daeyang General Industrial Complex by 2025, has reflected 14.42 billion KRW for construction costs in the government proposal.

Additionally, the eco-friendly ship industry promotion, expected as a new growth engine and centered around Namhang Port, has reflected budgets for related projects including eco-friendly ship testing and evaluation demonstration technology development (9.12 billion KRW), eco-friendly ship mixed fuel technology development and demonstration (5.64 billion KRW), and renewable energy-based passenger ship efficiency improvement development (1.46 billion KRW).

The Coast Guard Western Maintenance Factory is progressing smoothly, with 58.8 billion KRW allocated for construction costs in next year’s government budget proposal. Also, 8.3 billion KRW has been reflected for the introduction of operational equipment for the Western Maintenance Factory.

The second phase construction project of the Honam High-Speed Railway (Songjeong?Mokpo) has been increased by 39.6 billion KRW compared to the initial ministry proposal, with a total continuing construction cost of 484 billion KRW (including the Railway Public Corporation fund). The Namhae Line (Mokpo?Boseong) high-speed project has also reflected a continuing construction cost of 28.9 billion KRW following last year.

The government budget proposal for next year will be submitted to the National Assembly by the 3rd of next month, undergo preliminary review by the standing committees and comprehensive review by the Budget and Accounts Special Committee in October and November, and be finalized at the plenary session on December 2.

Mayor Park Hong-ryul stated, “We will do our best to ensure that the government budget proposal is finalized during the National Assembly review process through cooperation with Jeollanam-do Province and local lawmakers.”

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