Jeonbuk Province Secures 42.8 Billion Won in Special Grants from Ministry of the Interior and Safety... Boost for Key Projects
Promotion of Main Library Construction and Other Initiatives
Jeonbuk Special Self-Governing Province announced on the 30th that it has secured an additional 42.8 billion KRW in special grants to be used for projects that will revitalize the local economy amid challenging economic conditions.
This achievement was made as a result of Jeonbuk Special Self-Governing Province systematically managing its list of necessary projects and actively appealing to the Ministry of the Interior and Safety regarding the need to support livelihood budgets.
In particular, the province emphasized that the significance is even greater, as it secured special grant funds for projects essential to resolving local issues and ensuring residents' safety, despite tough financial conditions such as a decrease in grant funds following the recent national tax revenue re-estimate.
The special grants secured this time will be used for projects that address local issues and ensure the safety of residents.
Major local projects include: ▲ 3.5 billion KRW for the construction of a representative library that will become a cultural landmark for Jeonbuk residents ▲ 1 billion KRW for the expansion and improvement of the Iksan IC connecting road ▲ 1 billion KRW for a honeybee resource multiplication facility to strengthen agricultural and fisheries competitiveness ▲ 1 billion KRW for a Toha Moha supply facility, among others.
Key projects for residents' safety include: ▲ 3.5 billion KRW for installing smoke control equipment in the Bokheung Tunnel for fire response ▲ 500 million KRW for the maintenance and reinforcement of the Mangyeong Bridge.
Vice Governor Choi Byungkwan stated, "Securing this special grant is the result of actively explaining and persuading the government about the difficulties faced by Jeonbuk residents," and added, "We will do our utmost to promptly execute the funded projects to resolve residents' inconveniences and further invigorate the local economy."
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