Haenam-gun Secures 359.5 Billion Won in National and Provincial Funding for Next Year, 'Record High'

5 Consecutive Years of Over 300 Billion Won 'Green Light for Regional Development'

As the government budget bill for next year passed the National Assembly plenary session on the 10th, Haenam-gun, Jeollanam-do secured a record high of 359.5 billion KRW in national and provincial subsidies for key priority projects, signaling a green light for advancing pending projects.

According to Haenam-gun on the 12th, despite the government's tight fiscal policy leading to a significant reduction in new project budgets, the county has secured more than 300 billion KRW in national and provincial subsidies for five consecutive years based on the main budget.

View of Haenam-gun Government Office.

Amid local financial difficulties, Haenam-gun has achieved remarkable results by vigorously conducting sales administration to expand local finances through securing national and provincial subsidies, securing a total of 439.1 billion KRW in the final budget for 2024.

Projects aimed at improving the supply rate of rural sewage systems and providing clean and stable tap water, which have been prioritized since the 7th local government administration, will also be expanded. Large-scale SOC projects for a comprehensive metropolitan transportation network, such as the second phase of the Gwangju-Wando Expressway construction project, which passed the Ministry of Economy and Finance's preliminary feasibility study this year, and the construction of the connecting road for National Road No. 77 from Sinan Amhae to Hwawon, are also included in the budget and are progressing smoothly.

The county is actively proposing to ensure smooth progress of the improvement of facilities on National Road No. 77 from Songji-myeon to Bukpyeong-myeon in Haenam and the four-lane expansion project from Yeongho-ri to Wolho-ri in Hwawon-myeon, Haenam, which are reflected in the Ministry of Land, Infrastructure and Transport’s 6th National Road and Local Road Construction Plan (2026?2030). It is also making all-out efforts to respond to the 5th National Railway Network Construction Plan (2026?2035) for the construction of a high-speed railway in the Ttangkkeut area.

Mayor Myeong Hyeon-gwan said, “Despite the difficulty of the government budget for next year passing the National Assembly as a reduced budget without any increase, securing the largest-ever national and provincial subsidies for Haenam-gun is considered to have significant meaning for preparing long-term growth engines for the region.” He added, “We will immediately begin preparations to secure national and provincial subsidies for 2026, continuously discover projects essential to residents, and actively respond.”

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