Gyeonggi-do to Invest 20 Billion Won This Year in 'The Dream Regeneration Project'...Pre-Consulting Also Provided

Gyeonggi Provincial Government

Gyeonggi Province is starting preliminary consulting ahead of this year’s ‘Gyeonggi The Dream Regeneration Project’ city and county public contest.

The Gyeonggi The Dream Regeneration Project is a Gyeonggi Province-style urban regeneration project initiated in the 8th term of the provincial government last year, supporting urban regeneration sites within a budget of 20 billion KRW annually. Selection is made regardless of quantity, whether one or multiple sites, without setting project scale, area, budget, or duration, but based on proposals that fit the conditions and capabilities of the cities and counties.

Gyeonggi Province conducted a preliminary consulting demand survey for participation in this year’s public contest targeting cities and counties until the 22nd of this month. As a result, 15 sites from 12 cities and counties applied.

Looking at the applied projects: 8 sites are in the foundational stage where regions preparing for urban regeneration participate; 6 sites are in the project implementation stage with established project capabilities such as resident organizations; and 1 site is in the continuous operation stage for additional and supplementary environmental improvements after project completion.

Gyeonggi Province, together with the Gyeonggi Urban Regeneration Support Center, will conduct intensive consulting three times from next month until April 24 through an expert advisory group composed of 75 members.

Cities and counties will discover and specify projects suitable to their regions and conditions through preliminary consulting, enhancing feasibility and completing future operation plans including mid- to long-term strategies.

In particular, for projects that were not selected in last year’s public contest, supplementary consulting will be provided to ensure that the foundation for urban regeneration is not broken and that the will of cities, counties, and residents can be realized. The focus will be on discovering projects that can sustain the effects of regeneration and enable systematic local management (town management).

Jung Jong-guk, head of the Gyeonggi Province Urban Regeneration Promotion Team, said, “There is considerable will from cities, counties, and residents for the Gyeonggi The Dream Regeneration Project, a Gyeonggi Province-style urban regeneration project in the 8th term of the provincial government.” He added, “As we enter the second year this year, we will do our best to support consulting so that the project can be carried out more solidly and cost-effectively.”

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