Policy Meeting Held to Discuss Provincial Direction on the 2nd
Emphasis on Responding to AI Transformation and Local Tax Reform

Governor Kim Youngrok: "We Must Establish a System to Respond to the Government's Economic Growth Strategy" View original image

Kim Youngrok, Governor of South Jeolla Province, emphasized on the 2nd, "As the new government is accelerating efforts in various fields, such as announcing an economic growth strategy and a local tax reform plan, prepare strategies quickly and actively make recommendations."


On this morning, Governor Kim held a policy meeting with department and bureau heads at the Seo Jae-pil Room in the provincial government office, stating, "The government is moving very quickly, having announced an economic growth strategy and deciding to immediately implement 30 leading projects in the second half of this year as the core agenda of the AI transformation and super-innovation economy for technology-driven growth."


In particular, Governor Kim said, "Since the government has decided to select growth engines by mega-regional zones, we must swiftly align our strategies to maximize the benefits. In addition, regarding the plan to create a large-scale national fund of more than 100 trillion won by combining 50 trillion won from the Advanced Strategic Industry Fund with 50 trillion won in private capital, strongly recommend that renewable energy be included as a mandatory investment sector."


Regarding the Ministry of the Interior and Safety's 2025 local tax reform plan, he said, "The government announced it will apply differentiated tax reductions for industrial, logistics, and tourism complexes by region, and expand the 'second home' special provision focusing on areas with declining populations. Since all city-level areas in South Jeolla Province, except for Suncheon and Gwangyang, are experiencing population decline, make sure those city-level areas are included. Also, considering that Suncheon, Yeosu, and Naju are integrated city-county areas, township-level regions in these areas should also receive benefits. The central government may not be fully aware of the realities on the ground, so actively recommend these points to ensure they are reflected."


Governor Kim also listed recent achievements, including: securing a record 9.4 trillion won in national funding, including for the second phase of the Honam High-Speed Rail project; passing three preliminary feasibility studies, such as for the construction of the National Maritime and Fisheries Museum; designating Yeosu as Korea's first region for preemptive response to employment crises; actively responding to recurring disasters such as heat waves and heavy rains; and reflecting numerous new government policy tasks, expressing his appreciation for the staff's hard work.



He added, "Staff have worked hard, often working on holidays, so department and bureau heads must ensure they can take substitute days off. Also, let us create a culture where working at the provincial office is enjoyable by developing welfare improvement measures that reflect employees' opinions, so that people can work hard and still enjoy coming to work."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing