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Gyeonggi Province to Invest 54 Trillion Won by 2022, Creating 320,000 Jobs

Vice Governor Lee Yong-chul announces 'Gyeonggi-style New Deal' promotion plan on the 23rd9 core projects and 18 implementation tasks across 3 sectors; 53.8 trillion won investment (13.3 trillion won provincial budget) from 2020-2022Expansion of public platforms for digital asset sharing, creation of digital manufacturing environment, resolution of digital ecosystem information gapConstruction of ecosystem safety net for climate change response, economic revitalization through low-carbon industrial structure transition, building low-carbon energy society with provincial residents' participation
On the afternoon of the 23rd, Vice Governor Lee Yong-chul of Gyeonggi Province (left) briefs on 'Gyeonggi-style New Deal policies' in the briefing room at Gyeonggi Provincial Government Building. (Photo=Gyeonggi Province)
On the afternoon of the 23rd, Vice Governor Lee Yong-chul of Gyeonggi Province (left) briefs on 'Gyeonggi-style New Deal policies' in the briefing room at Gyeonggi Provincial Government Building. (Photo=Gyeonggi Province)

[Suwon Ilbo=Reporter Park Noh-hun] Gyeonggi Province will collaborate with the government to implement the 'Gyeonggi-style New Deal,' which entails investing 53.8 trillion won by 2022 to create 320,000 jobs.

Vice Governor Lee Yong-chul of Gyeonggi Province held a press conference in the provincial government briefing room on the 23rd to announce the implementation plan for the 'Gyeonggi-style New Deal.'

The Gyeonggi-style New Deal is composed of 9 core projects and 18 implementation tasks across 3 sectors: 'Data to the People,' 'Low-Carbon, Together with Residents,' and 'Realizing a Safety Net for Residents' Livelihoods.' A total of 54 trillion won (13 trillion won provincial budget) will be invested through 2022 for 69 major projects. The province expects to create a total of 320,000 jobs, including part-time positions.

In the 'Data' sector, the province designated the following as core projects: ▲expansion of public platforms for digital asset sharing ▲creation of digital manufacturing environment for future industries ▲resolution of information gaps in the digital ecosystem. The province will invest 218 billion won to create approximately 6,990 jobs.

A representative project is the implementation of a data preprocessing job program with resident participation. This project is linked to big data industry workforce training and education, including data preprocessing process operations and online training programs. Trainees are provided with data preprocessing tasks requested by public entities or companies, and participation points are paid in local currency based on task completion. The province views this as advantageous in reducing difficulties for data-related companies in securing data, securing useful public data that companies can utilize, and creating contactless data jobs accessible to all residents. Through this, the province expects to create 74 jobs.

Additionally, the province will construct a foundation for fostering future advanced industries and resolve digital inequality through operating franchise information platforms, supporting digital transformation of small and medium manufacturers in the manufacturing sector such as materials, parts, and equipment industry independence, and operating a one-on-one learning support platform for educationally disadvantaged groups.

In the 'Low-Carbon' sector, the core projects are: ▲construction of ecosystem safety net for climate change response ▲economic revitalization through low-carbon industrial structure transition ▲construction of low-carbon energy society with residents' participation. The province will invest 2.79 trillion won to create approximately 252,000 jobs.

The province plans to invest 1.9203 trillion won through 2027 to newly construct or expand 14 resource recovery facilities, 10 food waste recycling facilities, and 16 community resource recovery centers.

These facilities will handle up to approximately 6,000 tons of waste per day. Jobs in waste and resource recycling services are expected to be created at 7,813 by 2022.

In addition, the province will implement the 'Power Independence 100,000 Household Project,' a residential solar power supply project with direct resident participation, creation of separated green energy livestock complexes in residential areas, construction of eco-friendly and low-carbon transportation, green remodeling of public buildings, and development of the Gwangmyeong-Siheung Urban Advanced Industrial Complex with district heating energy.

The 'Safety sector,' which is the core of Gyeonggi-style New Deal policy, has established the following as key strategic projects related to social safety nets: ▲strengthening employment safety nets ▲construction of digital society safety infrastructure ▲revitalization of safety-based care economy. The province will invest 2.3750 trillion won to create approximately 2.845 million jobs.

To this end, the province will invest 3.7 billion won to construct a construction safety information system by 2021 to enhance the efficiency of construction safety policies and the transparency of construction administration. The main focus is the digitalization of all stages of construction projects, including construction site safety management history, targeting construction projects initiated by the province. In the medium to long term, the province plans to expand this to construction projects initiated by municipalities and private entities.

Additionally, the province plans to implement a construction job matching platform strengthening employment support, operation of labor rights supporter programs to promote related policies for social job projects and employment safety support, and construction of a comprehensive portal system for childcare services that were previously scattered across different institutions.

The province plans to continuously discuss these implementation plans with the provincial assembly and public-private committee members to specify detailed plans and consider the inclusion of additional projects.

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