Hongcheon County Secures 254.9 Billion Won in 2026 Government Budget... Up 10.2% from Previous Year

Hongcheon County in Gangwon Province announced on December 5 that it has secured additional national funding for the promotion of key local projects in 2026 during the National Assembly's budget deliberation process.

A panoramic view of Hongcheon County Office. Provided by Hongcheon County.

According to Hongcheon County, the newly secured budget will be allocated to four projects: ▲Establishment of an antigen-antibody material bank for fostering small and medium-sized CDMOs (total project cost: 8.5 billion won, 2.33 billion won in 2026); ▲Construction of the Pyeongchang Nodon-Hongcheon Jawoon National Road (total project cost: 97 billion won, 500 million won in 2026); ▲Development of multipurpose rural water resources in the Jawoon District (total project cost: 37.3 billion won, 300 million won in 2026); and ▲Establishment of an unused forest resource center (total project cost: 1.5 billion won, 750 million won in 2026).

Hongcheon County explained that it has continuously consulted with relevant ministries and the National Assembly after the government budget proposal was announced, requesting the inclusion of these projects in the budget by providing explanations and submitting supporting documents.

As a result, the total amount of government funding reflected in Hongcheon County's 2026 budget increased by 10.2% to 254.9 billion won, compared to 231.1 billion won in the previous year.

Additionally, major national and provincial projects for which funding has been secured include: ▲Support project for areas surrounding the USFK grant zone (construction of the Mui-Saenggok road, total project cost: 59 billion won, 3 billion won in 2026); ▲Construction of a public bus garage (total project cost: 5.3 billion won, 1.6 billion won in 2026); ▲Commercial district revitalization project (total project cost: 6.66 billion won, 350 million won in 2026); ▲Development of multipurpose rural water resources in the Gwaendol District (total project cost: 39.1 billion won, 500 million won in 2026); ▲Construction of a multipurpose gymnasium in Naemyeon Plateau (total project cost: 8.5 billion won, 300 million won in 2026); ▲Neolmi-jae Tunnel (Dongmak-Gaeya section of Local Road No. 86, total project cost: 66.1 billion won, 1 billion won in 2026); and ▲Relocation and expansion of the Agricultural Technology Center East Branch (total project cost: 3.4 billion won, 1.9 billion won in 2026).

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