Pohang City Implements Comprehensive Provincial Funding Strategy to Improve Quality of Life for Citizens
2025 Provincial Funding Securing Briefing Held... 217 Projects Totaling 117.4 Billion Won
Vice Mayor Jang Sangkil: "Full Efforts to Secure Provincial Funds for Smooth Progress of Key Projects"
Pohang City held a '2025 Provincial Budget Securing Briefing Session' on the 29th in the main conference room of City Hall, presided over by Deputy Mayor Jang Sanggil.
This briefing session was organized to identify and propose projects for provincial funding early, in line with Gyeongbuk Province's budget planning schedule, so that they can be reflected in next year's budget.
The target projects for provincial budget support in Pohang City for 2025 amount to 217 projects with a total budget of 117.4 billion KRW.
Major new projects to be proposed include: ▲Construction of a Greenway Railway Forest Public Parking Lot ▲Establishment of Yeonorangsaeonyeo Park Golf Course ▲Creation of a No-Code Manufacturing Technology Innovation Ecosystem ▲Phase 4 Construction of Heunghaemarket Arcade ▲Construction of a Global Industry-Academia Cooperation Center ▲Improvement of Sanitation Management at Yangdeok Water Purification Plant Reservoir, among a total of 114 projects amounting to 33.7 billion KRW.
For ongoing projects, the city reviewed the progress of 103 projects totaling 83.7 billion KRW, including: ▲Construction of Hwanho Park Public Parking Tower ▲Establishment of Nam Pohang Park Golf Course ▲Construction of Advanced Manufacturing Innovation Testbed Center ▲Development of Homibando Forest Welfare Complex ▲Creation of a Sports Park Exclusively for Recreational Sports Enthusiasts ▲Childcare Support Project ▲Restoration of Gumucheon Ecological Stream ▲Construction of a Road between Hanshin Construction and Iinri (Route D3-27).
Pohang City plans to actively secure provincial budget support by preparing data that demonstrates the necessity of the projects and reflects residents' opinions, as well as by making frequent visits to Gyeongbuk Province so that the projects discussed in this briefing session can be included in the budget.
Deputy Mayor Jang Sanggil stated, "In this era of local autonomy, cooperation between metropolitan and basic local governments is more important than ever, so we must frequently visit the provincial office to build consensus in advance," and added, "Since 2025 marks an important period in the latter half of the 8th popularly elected administration, I ask that every effort be made to secure the necessary budget for major regional projects without any setbacks, so as to enhance the quality of life for our citizens."
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