Abandoned Factory Left Untouched for Over 20 Years Transformed into a Brewery... Ministry of Economy and Finance Holds Local Field Meeting

On the 5th, Kim Dong-il, Director of the Budget Office at the Ministry of Economy and Finance, visited Chungcheongnam-do with related ministries to tour the Seosan Reclaimed Land B District, where a large-scale smart farm complex is being developed, and the old Chungnam Bangjeok regeneration project site, followed by a meeting at Dangjin Youth Town.

This field visit was arranged to review the progress of various policies being promoted by the Yoon Suk-yeol administration to realize a "Better Local Era" and to discuss investment directions to strengthen regional growth potential.

Director Kim visited the Seosan Reclaimed Land B District, where Chungnam Province and Seosan City are promoting the development of a large-scale smart farm complex covering approximately 230,000 pyeong through a regional revitalization investment fund, and then proceeded to the site of the old Chungnam Bangjeok abandoned factory redevelopment project in Yesan County. The old Chungnam Bangjeok site had been left abandoned for over 20 years after its closure, but it was selected last year for the Ministry of Agriculture, Food and Rural Affairs' space redevelopment project. Plans are underway to demolish hazardous facilities and transform the site into new facilities such as a farmers' market and a beer brewery.

Director Kim emphasized, "The role of the private sector is very important to enhance the dynamism of the local economy, and it is necessary to supplement financial support to activate private investment in the region."

Following the field visit, at the Dangjin Youth Town meeting, local young entrepreneurs and resident business owners expressed the opinion that "to realize the 'Better Local Era,' it is necessary to strengthen incentives so that quality jobs can be created in local areas, and to attract and nurture talented individuals through fostering regional hub universities."

The Ministry of Economy and Finance plans to review the various policy ideas and opinions raised at the site today and reflect them in the preparation process of next year's budget proposal.

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