Kim Tae-heum Ushers in Era of 12 Trillion Won in Government Funding

Securing Large-Scale National Projects Across Emerging Industries, Defense, Carbon Transition, Education, Welfare, and Tourism
"Securing 12 Trillion Won Is Not the End, but a Beginning... We Aim for Even Greater Achievements in 2027"

Kim Taehum, Governor of Chungnam Province

Chungnam Province has secured over 12 trillion won in national funding for the first time ever in next year's government budget, effectively completing its growth blueprint for the next 50 years.

National funds have been widely allocated not only to new industries such as national defense, semiconductors, carbon neutrality, and marine bio, but also to essential infrastructure in transportation, welfare, and tourism, leading to assessments that the foundation for the "Great Transformation of Chungnam's Future" has been established.

The province secured 12.3223 trillion won in next year's government budget, a record-breaking amount that is 1.3962 trillion won (12.8%) higher than this year.

On December 4, Governor Kim Taeheum held a press conference at the provincial government press center, stating, "This achievement was made possible by the teamwork of our residents, city and county officials, and National Assembly members," and described it as "a decisive turning point for opening the next 50 and 100 years of Chungnam's future."

In the economic sector, a large portion of the budget has been allocated to establishing the foundation for future high-tech industries.

This includes 1.77 billion won for the design of the National Defense Future Aviation Research Center, 5 billion won for the Carbon Capture and Utilization (CCU) mega project, 5 billion won for the development of integrated production technology for sustainable aviation fuel, 1 billion won for the Chungnam Region AX Transformation, 2.5 billion won for an advanced semiconductor post-processing test bed, 1.4 billion won for intelligent sensor spin-on technology support, and 1.3 billion won for the operation of the Just Transition Support Center.

Additionally, the province secured key infrastructure budgets for transportation and new industries, including 2 billion won for the design of the connection between the Seohae Line and Gyeongbu High-Speed Line, 500 million won for the Seonggeo-Mokcheon national road bypass, 2.1 billion won for the design of docking facilities at Gyeokryeolbiyeoldo, and 50 billion won for the development and ecosystem building of weapon-emitting display technology.

The province expects these projects to establish Chungnam as a forward base for future industries, leading in national defense, semiconductors, displays, and carbon neutrality.

In the area of regionally driven growth, the foundation has been laid for innovation hubs linking Chungnam Innovation City with new industries in marine, agricultural life, and education.

This includes 1 billion won for the design of Chungnam National University Naepo Campus, 300 million won for research on converting to a gifted school, 450 million won for the design of the National Defense Future Technology Research Center, 200 million won for a feasibility study for the Marine Bio Industry Promotion Agency, 2.25 billion won for the design of a global smart farm export support center, 400 million won for the Marungeum distributed logistics center, 500 million won for the design of a marine bio-materials plant, and 200 million won for the basic plan for the National Hanwoo History Museum.

The province expects the "Chungnam-style innovation ecosystem," which connects universities, research institutes, and companies, to be further strengthened.

Medical, welfare, and safety infrastructure will also be greatly expanded. The province secured 3.45 billion won for the design of Asan Police Hospital, 200 million won for a feasibility study for the establishment of a National Cemetery, 100 million won for the design of the Boryeong Police Training Center, 38 billion won for flood response in Geumsan and Dangjin, 260 million won for operating a shelter for children with disabilities affected by disasters in Hongseong, and 300 million won for the installation of a child protection agency in Seosan.

Projects to improve the living environment for local residents were also included, such as 5 billion won for soundproof walls at Cheonan-Asan Station and 5 billion won for the reconstruction of Seocheon Specialized Market.

In the fields of culture, tourism, and sports, the budget includes 100 million won for the feasibility study and basic plan for the Naepo New Town Sports Value Center, 300 million won for the design of the Seosan branch of the National Gugak Center, 622 million won for the design and construction of the Haemi Cultural Exchange Center, 300 million won for the design of the Geumgang National Tourism Road, 400 million won for the design of a dedicated marine waste collection vessel, 500 million won for dredging at Janghang Port, and 1.2 billion won for the creation of a national ecological trail.

The province expects to see significant cultural and tourism synergy effects centered on the Baekje cultural area and the Geumgang axis.

Governor Kim Taeheum stated, "Securing 12 trillion won in national funding is not the end, but another beginning," adding, "We will concentrate all provincial administrative capabilities from now on to achieve even greater results in the 2027 government budget."

Chungnam Province will begin identifying strategic projects for national funding for 2027 starting this month and plans to proactively respond to central government budget planning in January next year.

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