Gangwon Province to Execute 4.4 Trillion Won in First Half and Pursue 10.7 Trillion Won in National Subsidies... Boosting Regional Economic Vitality

Gangwon Sets 70% Rapid Execution Target for First Half

Increases Target Beyond Interior Ministry Recommendations

Sets 10.7 Trillion Won National Subsidy Goal for 2027

Focus on Social Overhead Capital and Future Industries

Gangwon Special Self-Governing Province (Governor Jin Tae Kim) held the "Rapid Execution and National Subsidy Securing Integrated Strategy Meeting" on the 19th at the small conference room in the new building of the provincial office.

Governor Jin Tae Kim of Gangwon Special Self-Governing Province held the "Rapid Execution and National Funding Securing Integrated Strategy Meeting" on the 19th at the small conference room of the new government building. Provided by Gangwon Province

The meeting was attended by Governor Jin Tae Kim, the Vice Governor for Economic Affairs, and directors of departments and bureaus. They reviewed each department's rapid execution plan for the first half of the year and the target amount for securing national subsidies for the next year, and focused discussions on government response strategies for major national subsidy projects.

Starting with this integrated strategy meeting, the province plans to actively pursue rapid execution in the first half of the year, targeting a total of 4.4267 trillion won, to revitalize the local economy.

The target amount of 4.4267 trillion won is an increase of 439.3 billion won (7%) compared to the 3.9874 trillion won (63% of the eligible amount) suggested this year by the Ministry of the Interior and Safety.

To achieve this, the "Rapid Execution Task Force" will regularly monitor the execution status by department and bureau, and focus administrative resources on raising the execution rate by intensively managing large-scale investment projects of 3 billion won or more.

Additionally, the province aims to secure 10.7 trillion won in national subsidies, a 4.3% increase compared to last year’s secured amount of 10.26 trillion won, and plans to actively pursue funding activities focused on core issues such as fostering future industries and expanding social overhead capital (SOC).

Kim Jin-tae, Governor of Gangwon Province, is holding the "Rapid Execution and National Budget Securing Integrated Strategy Meeting" on the 19th in the small conference room of the new government building. Provided by Gangwon Province

Governor Jin Tae Kim stated, "The target amount for securing national subsidies for next year is 10.7 trillion won, and the early execution target is set at over 70% within the first half of the year," and urged, "We must work to simultaneously increase the speed and efficiency of execution so that economic revitalization can be tangibly felt by provincial residents."

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