Korea Institute of Local Administration's Local Investment Project Management Center Strengthens Substance of Local Fiscal Investment Projects

Successful Completion of Public Officials Training
Specialized Education to Enhance Efficiency in Local Investment Projects

The Korea Institute of Local Administration (President Yook Dongil) announced on May 8 that it successfully held the '2026 2nd Training for Public Officials on Local Fiscal Investment Project Review and Feasibility Study' at the main auditorium of Korea Land and Geospatial Informatix Corporation in Jeonju, North Jeolla Province.

Yook Dongil, President of the Korea Local Administration Institute, is delivering a speech on the importance of strengthening the substance of local fiscal investment projects. Provided by the Korea Local Administration Institute

This training was attended by public officials responsible for investment review and project management from metropolitan and basic local governments nationwide. They shared a variety of practical knowledge and case studies aimed at enhancing the validity and efficiency of local fiscal investment projects under the 9th popularly elected government.

The curriculum focused on practical topics, including the local fiscal investment review system and operational standards, procedures for feasibility studies and internal feasibility evaluations, examination of investment and contribution projects, and contingent liability management.

In particular, lectures centered on real cases and major error examples attracted keen attention from participants, and lively discussions were held through Q&A sessions about various field difficulties and directions for improvement.

A public official who attended the training remarked that the content was not only theoretical but also highly applicable to actual work, making it very useful and likely to be of great help in performing investment reviews and feasibility studies.

The Korea Institute of Local Administration emphasized that prior review and management of investment projects are essential for securing the soundness and efficiency of local finances. The institute stated that it will continue to expand field-oriented training to actively support the policy implementation capacity of local governments.

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