Seosan City Makes All-out Efforts to Secure 650 Billion Won in External Funding Next Year

An Increase of 14.6 Billion KRW from This Year...
Construction of the DaeSan~Dangjin Section of the Seosan~Yeongdeok Expressway, and More

The strategy meeting for securing external funding held from the 26th to the 28th of last month at the Deputy Mayor's Office of Seosan City Hall, Chungnam. / Seosan City

Seosan City in South Chungcheong Province has set its goal for securing external funding in 2026 at 650 billion KRW, focusing all efforts on obtaining external resources as a driving force for major pending projects.

From the 26th to the 28th of last month, Seosan City held the '2026 External Funding Acquisition Strategy Meeting' for three days at the Vice Mayor's Office in City Hall, attended by Vice Mayor Hong Soongwang, directors, and department heads.

During the meeting, the external funding goal for next year was set at 650 billion KRW, an increase of 14.6 billion KRW compared to the 635.4 billion KRW secured in 2025.

The participants identified new projects requiring external funding and reviewed the status of major ongoing projects.

Key pending projects discussed included the construction of the DaeSan~Dangjin section of the Seosan~Yeongdeok Expressway, the new and renewable energy convergence support project, and the establishment of a Seosan branch of the National Gugak Center.

New projects identified as targets for external funding included the creation of a hydrogen city, the establishment of a smart city based on artificial intelligence (AI) and the Internet of Things (IoT), and the development of a public parking lot for freight trucks.

Based on this meeting, the city plans to further detail its strategies for securing external funding and secure the necessary resources across various sectors.

In particular, the city will strengthen its cooperation system not only with each government ministry but also with local National Assembly members.

Mayor Lee Wanseop stated, "We will make every effort to secure external funding, one of the driving forces for regional development, to accelerate the realization of 'Leap Forward Seosan, Livable Seosan,'" and added, "We will steadily promote major projects that enhance the convenience of our citizens without any setbacks."

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