Gyeonggi Province Plans to Request 7.4 Trillion Won in State Funding for Next Year

Gyeonggi Province announced on the 4th that it will request 7.3987 trillion won in state funding from the government for next year.

This is 1.8516 trillion won (33%) more than the 5.5471 trillion won in state funding secured this year.

By department and bureau, the Transportation and Construction Bureau leads with 2.0599 trillion won, followed by the Railroad and Logistics Bureau at 1.6637 trillion won, the Women and Family Bureau at 1.0797 trillion won, the Welfare and Women's Division at 974.4 billion won, the Paldang Water Quality Improvement Headquarters at 435 billion won, the Economic Investment Division at 201.8 billion won, and the Construction Bureau at 183.4 billion won.

By project, the allocations include 560.4 billion won for compensation in the Guri~Pocheon private expressway project, 200 billion won for compensation in the Seoul~Munsan private expressway project, 160 billion won for recruitment of private operators and construction costs for the Metropolitan Expressway Transit (GTX) private project, and 80 billion won for construction of the Jinjeop Line (Danggogae~Jinjeop) double-track railway.

The province also plans to request 273.9 billion won for wastewater treatment facility expansion and sewage pipe maintenance projects, 93.7 billion won for basic infrastructure installation at the Pyeongtaek Goduk Industrial Complex, 64 billion won for eco-friendly vehicle conversion and natural gas vehicle distribution projects, 24.9 billion won for creating an ecological peace belt in border areas, and 900 million won for reinforcing unmanned destruction waterproofing vehicles.

The province has designated 127 key management projects (4.2654 trillion won) to ensure maximum reflection of the requested budget in the government's fiscal plan.

Starting from mid-this month, when central government ministries establish next year's policies, Governor Kim Moon-soo and Vice Governors plan to make direct visits to respond.

Civil servants who work to secure state funding will be provided benefits including performance bonuses of up to 100 million won, provincial governor commendations, promotion of outstanding cases (by name), and priority for overseas training opportunities.

The deadline for requesting next year's state funding is the 20th of next month, and the allocated amount will be confirmed after review by the Ministry of Strategy and Finance from July to September and National Assembly review from October to December.

A province official stated, "We received 87% of the 6.3738 trillion won (589 projects) requested as state funding this year," adding, "This is a record high, an increase of 934.3 billion won (20%) compared to 4.6128 trillion won last year."