Daejeon City Secures 6.6 Billion Won in National Funding for Residents in Development-Restricted Zones
Three Environmental and Cultural Projects to Create Nuri-gil Trails and Leisure Green Spaces
(3.5 Billion Won Allocated)
Daejeon City has secured 6.6 billion won in national funding to improve the welfare and daily lives of residents in areas designated as development-restricted zones.
This achievement ranks third nationwide and represents an increase of 1.44 billion won (28%) compared to the 5.13 billion won secured earlier this year. The accomplishment is particularly significant given that most local governments have seen their budgets reduced due to the challenging state of national finances.
To achieve this result, the city developed a strategy focused on securing national funding through public project proposals and, for the first time, introduced expert consulting by appointing evaluation committee members specializing in resident support projects, among other multifaceted efforts.
The main projects selected this time include: ▲ one project to improve daily convenience, such as road maintenance (1.8 billion won); ▲ one research project to identify new resident support initiatives in development-restricted zones (200 million won); ▲ three environment and culture projects to create Nuri-gil trails and leisure green spaces (3.5 billion won); and ▲ one project to establish a community park (1.1 billion won).
In particular, with 200 million won in national funding allocated for the research project to identify new resident support initiatives, the city is expected to accelerate efforts to discover new projects and develop strategies for securing additional national funding aimed at increasing resident income and enhancing welfare.
Lee Jangwoo, Mayor of Daejeon, stated, "I would like to thank the staff who achieved this result despite difficult circumstances," and added, "Securing this national funding will greatly contribute to improving the welfare and daily lives of residents in development-restricted zones."
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- President Lee Praises Bloomberg's Correction on 'National Dividend' as "Admirable Integrity in Journalism" (Comprehensive)
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
He further emphasized, "We will continue to discover a variety of projects that provide tangible benefits to residents and do our utmost to secure national funding."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.