Request for Increased National Funding for Opportunity Development Zones and SOC

Jeonnam Governor Kim Young-rok is meeting with Oh Ki-hyung, a member of the National Assembly from Hwasun (Finance and Economy Committee), at the National Assembly in Seoul on the 27th to request cooperation for resolving major provincial administration issues and securing national funds. Photo by Jeonnam Province

Jeonnam Governor Kim Young-rok is meeting with Oh Ki-hyung, a member of the National Assembly from Hwasun (Finance and Economy Committee), at the National Assembly in Seoul on the 27th to request cooperation for resolving major provincial administration issues and securing national funds. Photo by Jeonnam Province

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Kim Young-rok, Governor of Jeollanam-do, visited the National Assembly on the 27th and met consecutively with Assemblymen Park Hong-geun, Oh Ki-hyung, and Lim Kwang-hyun to explain key issues such as the National Medical University and tax benefits for Opportunity Development Zones, while also requesting additional national funding.


Regarding the establishment of the Jeollanam-do National Medical University, Governor Kim mentioned that the "Jeollanam-do Integrated University National Medical School" was recommended to the government on the 22nd, and requested active support to ensure that the procedures for establishing the new national medical school and allocating student quotas for the 2026 academic year proceed swiftly.


He also requested the prompt implementation of expanding the inheritance tax deduction limits and applicable targets for companies within the Opportunity Development Zones, as well as expanding income tax reductions for workers in population decline risk areas within the zones to revitalize the Opportunity Development Zones.


Additionally, since the period for securing resources for national delegated tasks is temporarily set only until 2026, which is expected to cause difficulties in future fiscal management, he requested measures to address this issue.



Regarding national treasury support for SOC projects, Governor Kim stated, “To complete key regional projects within the planned timeframe, securing 1 trillion KRW in project costs is necessary,” and asked for cooperation to actively support increasing the 2025 government budget proposal currently submitted to the National Assembly by more than 300 billion KRW during the National Assembly’s review process.


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

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