Korea Local Finance Association Holds 2026 Local Investment Analysis Advisory Committee Meeting

Full-Scale Discussion on Establishing Feasibility Study Guidelines
Sharing Achievements, Performance, and Operational Direction for 2026
Strengthening Expertise and Objectivity in Feasibility Studies for Local Finance Investment Projects

The Local Investment Analysis Center of the Korea Local Finance Association (Chairman Jeong Seonyong) held the 'Advisory Committee Meeting for Exploring the Development Direction of LOMAC 2026' on the 15th at the Local Finance Hall.

The Local Investment Analysis Center of the Korea Local Finance Association (Chairman Jeong Sunyong) is holding the "Advisory Committee Meeting for Exploring the Development Direction of LOMAC in 2026" on the 15th at the Local Finance Hall. Provided by the Korea Local Finance Association

LOMAC is a specialized institution that objectively assesses the necessity and economic feasibility of large-scale public projects in which local governments invest more than 50 billion won. At this advisory committee meeting, the main agenda items discussed were the future direction of LOMAC's operations and the establishment of guidelines for feasibility studies in the government office and industrial complex sectors.

Based on the feedback received during the advisory committee meeting, LOMAC plans to continuously promote the establishment of guidelines and the improvement of the investigative framework for the government office and industrial complex sectors. In addition, LOMAC aims to enhance the quality and policy utility of feasibility studies for local investment projects by continuing to seek advice from experts in each field.

Jeong Seonyong, Chairman of the Korea Local Finance Association, stated in his welcoming remarks, "Since LOMAC was designated as a specialized institution for feasibility studies in 2021, it has expanded its role from public offices and industrial complexes to the entire field of local investment projects, thanks in large part to the contributions of the advisory committee members. In response to demographic changes and the era of low growth, we will actively introduce AI technology into feasibility study practices to enhance both the rationality of cost-benefit estimation and the speed of our assessments."

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