Gyeonggi-do to Implement 'Urban Regeneration Projects' at 79 Sites This Year
Gyeonggi Province will promote ‘urban regeneration projects’ at 79 locations within the province this year.
On the 25th, Gyeonggi Province announced that it will carry out urban regeneration projects at a total of 79 sites, including 13 Gyeonggi-type regeneration projects and 66 government public contest projects.
The Gyeonggi-type regeneration projects include a total of 13 sites, such as 11 newly established ‘Gyeonggi The Dream Regeneration Projects’ since last year. The Gyeonggi The Dream Regeneration Project is a Gyeonggi-type urban regeneration project under the 8th term of local government, which Governor Kim Dong-yeon is focusing on to revitalize old downtown areas excluded from redevelopment in first-generation new towns and other aging planned cities.
Starting from 2023, urban regeneration project sites will be supported within a budget range of 20 billion KRW annually.
Regardless of whether it is one site or multiple sites, selection is made without setting limits on project scale, area, budget, or project duration. Instead, projects are decided based on proposals that fit the conditions and capabilities of each city or county.
Four sites, including Wongok-dong in Ansan, are scheduled for completion within the year, and additional project sites will be solicited through a public contest until April 24th this year.
Gyeonggi Province, together with the Gyeonggi Urban Regeneration Support Center, is conducting up to three rounds of intensive consulting before the contest application deadline, utilizing an expert advisory group composed of 75 members. Through pre-consulting, cities and counties will discover and specify projects suitable for their regions and conditions, improve feasibility, and enhance completeness by finalizing future operation plans including mid- to long-term strategies.
Gyeonggi Province will also carry out government urban regeneration projects at 66 sites through public contests.
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Kim Tae-su, Director of the Urban Regeneration Division of Gyeonggi Province, stated, "We need to promote various projects more intensively to revitalize old downtown areas," adding, "We will continuously communicate with 31 cities and counties to ensure that the achievements of old downtown revitalization projects can spread."
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