Target: Secure KRW 288.8 billion (≈ $216.6 million) in national and provincial funding
Sangju City, in North Gyeongsang Province, held a “2027 National Investment Budget Strategy Briefing” in the city hall’s main conference room on the 6th and kicked off a full-scale effort to secure national and provincial funding.
Mayor Kang Young-seok presided over the meeting. About 40 officials attended, including the vice mayor, bureau chiefs, and department heads.
The briefing was convened to develop strategic responses that will maximize Sangju’s competitiveness in securing national and provincial funds during what officials describe as the “golden time” of fiscal decentralization, as central government functions and finances are devolved to local governments.
Sangju set a 2027 target to secure funding for 124 projects totaling KRW 288.8 billion—KRW 66.2 billion for 45 new projects and KRW 222.6 billion for 79 ongoing projects (approximately $49.65 million and $166.95 million, respectively; total ≈ $216.6 million). To meet this goal, the city will nominate priority projects by ministry and bureau and launch an all-out external funding campaign led by director-level officials.
Key projects targeted for national and provincial funding include the Hwaseo (Handeul) Natural Disaster Risk Improvement District rehabilitation project; construction of the Sangju Cultural Center; development of the Hwisang Naru tourist site into a stay-oriented destination; construction of a senior complex center; restoration of the urban ecological corridor (Gaeuncheon–Namsan); creation of a smart agriculture promotion zone; expansion of online wholesale and establishment of supply-control infrastructure for mountain-area agricultural products; maintenance work on aging water treatment facilities (Muyang Water Treatment Plant); and a pilot program to address the decline of regional medical services.
Mayor Kang Young-seok said, “Securing national and provincial funds is the foundation for delivering on our promises to residents. Turn ideas on paper into budgeted projects, and use those investments to make daily life richer and more convenient for citizens. I ask everyone to mobilize all their capabilities to achieve this.”
Sangju = Reporter Kim Jong-hyun gim1390@viva100.com
