Gyeonggi-do Requests 4.0089 Trillion Won in National Funds for 100 Projects Next Year

2025 Gyeonggi-do Major National Fund Project Briefing Session Held

Gyeonggi Provincial Government

Gyeonggi Province has embarked on securing 4.0089 trillion won in national funding for next year.

On the 4th, Gyeonggi Province announced that it held the ‘2025 Gyeonggi Province Major National Fund Projects Briefing’ at the National Assembly, attended by Kim Seong-jung, the province’s First Deputy Governor for Administration, along with senior officials, targeting the aides of National Assembly members from the Gyeonggi region.

The briefing was organized to explain Gyeonggi Province’s financial situation to the aides ahead of the budget review starting in November, and to seek their understanding and cooperation regarding the necessity of securing national funds.

At the briefing, Gyeonggi Province requested national funding for 100 projects totaling 4.0089 trillion won.

Key projects include ▲ 1.6995 trillion won for the metropolitan railway network construction projects including the Dobongsan~Okjeong railway and the Sinansan Line subway ▲ 30.9 billion won for expanding nine national and local roads such as Docheok~Silchon ▲ 393 billion won for measures to improve congestion on metropolitan buses, including public transportation fare refunds and the quasi-public operation system for metropolitan buses.

Additionally, 610.9 billion won in financial support was requested to promote major welfare projects such as the First Meeting Voucher program to address low birthrates and aging population issues and stabilize the lives of vulnerable groups, emergency welfare support, and senior job support.

Furthermore, 523.2 billion won in national funding was explained as necessary to strengthen climate crisis response capabilities, including promoting the reuse of reusable containers, creating climate response urban forests, and installing incineration facilities.

Gyeonggi Province also requested legislative support for the ‘Economic 3 Laws’ promoted by the province, including the enactment of the Semiconductor Special Act, which is a major current issue.

Kim Seong-jung, First Deputy Governor for Administration of Gyeonggi Province, stated, “The province’s finances are deteriorating due to worsening revenue conditions such as a decrease in real estate transactions and an increase in statutory and welfare rigid expenses. Securing national funds is essential to carry out projects necessary for residents, such as alleviating traffic congestion in the metropolitan area and stabilizing the lives of vulnerable groups,” urging active interest and support.

On the same day, Deputy Governor Kim visited Park Jeong, Chairman of the National Assembly Budget and Accounts Special Committee, to request support and cooperation for major regional issues and securing national funds for Gyeonggi Province next year.

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