Dongjak-gu, Rapid Execution of 211.7 Billion KRW to Revitalize Local Economy

▲Projects Contributing to Revitalizing the District Economy▲Selection of 95 Key Projects Including Investment Projects Over 1 Billion KRW (Totaling 123.6 Billion KRW) etc.

Dongjak-gu (Mayor Park Ilha) announced on the 27th that it will embark on the '2024 First Half Rapid Execution' to become a strong pillar of the local economy through proactive financial management.

The district set the rapid execution target for the first half of this year at 211.7 billion KRW, which is 60% of the target amount of 352.8 billion KRW.

This figure exceeds the target rate of 54.3% set by the Ministry of the Interior and Safety, and the district plans to make every effort to revitalize the local economy through swift financial execution.

To this end, the district selected a total of 95 projects worth 123.6 billion KRW in areas that increase consumption, production, and employment that residents can feel, including ▲projects contributing to the activation of the residents' economy ▲projects executable in the first half and carryover projects ▲large-scale investment projects over 1 billion KRW, and will focus on managing the execution rate.

The key projects under focused management include ▲installation of security CCTV ▲creation of loess road projects ▲installation of village bus BIT ▲Dorimcheon waterfront sensory city creation project, and the district plans to contribute to resolving residents' long-standing demands through rapid execution.

Additionally, to achieve the first half target, the district operates a 'Rapid Execution Promotion Team' composed of related departments such as the Planning and Budget Division, Finance Division, and Audit Officer.

By actively utilizing rapid execution-related systems, the district will shorten contract review periods and execution procedures for key projects, discuss countermeasures for project budgets with poor policy performance, and establish a systematic execution rate management system.

Meanwhile, the district confirmed this year's budget at a record high of 855.4 billion KRW and is focusing administrative and financial capabilities on the goal of 'Dongjak, the city of highest value.'

Mayor Park Ilha said, "The rapid execution in the first half was implemented as a primer to recover the local economy, which has been stagnant due to continuous high inflation and high interest rates," and added, "We will continue to actively resolve long-standing projects that residents have wished for through proactive financial policies."

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