Proposal for 14 Billion Won Support for Nine Projects at the Ministry of Economy and Finance

Explanation of Key Issues in Aerospace, Culture, and Startup Sectors

Jinju Mayor Kyu-il Cho visited central government offices for the first time since the launch of the 9th popularly elected administration to request support for major pending projects aimed at securing national budget funding for the coming year.


According to the city, on the 8th, Mayor Cho visited the Ministry of Economy and Finance, the Ministry of Culture, Sports and Tourism, and the Ministry of SMEs and Startups to propose national budget support for projects such as the establishment of an aerospace industry base and initiatives in the cultural and startup sectors.


[Photo provided by Jinju City] Mayor Kyu-il Jo of Jinju City visited central government agencies on the 8th to hold meetings with officials and explain the necessity of national budget support for major pending projects in the coming year.

[Photo provided by Jinju City] Mayor Kyu-il Jo of Jinju City visited central government agencies on the 8th to hold meetings with officials and explain the necessity of national budget support for major pending projects in the coming year.

View original image

During his meeting with budget officials at the Ministry of Economy and Finance, Mayor Cho explained the need for national funding for nine projects, including: ▲ the construction of a safety evaluation platform for future dual-use (military and civilian) aerial vehicles (AAVs), ▲ the development of high-performance composite materials for next-generation aircraft and the establishment of a performance evaluation platform, ▲ the creation of an integrated support center for space industry-specialized 3D printing technology, ▲ the development of an otter ecological observation trail at Jinyang Lake, and ▲ the construction of the Korea Entrepreneurship Center. The total amount of national funding requested for these projects next year is approximately 14 billion won.


He also met with fiscal investment review officials of the Ministry of Economy and Finance to request cooperation on conducting a preliminary feasibility study for the road construction project between Sacheon-eup, Sacheon City and Jeongchon-myeon, Jinju City.


Mayor Cho subsequently visited the Ministry of Culture, Sports and Tourism to propose national budget support for the construction of the Jinju branch of the National Museum of Modern and Contemporary Art and the hosting of the Korea Drama Festival. At the Ministry of SMEs and Startups, he requested government support for the Korea Entrepreneurship Center construction project.


Mayor Kyu-il Cho stated, "We will continue to consult with the relevant ministries to ensure that major local pending projects are reflected in the government's budget proposal."



Securing national funding is a crucial task directly linked to the future growth drivers of local governments. However, for requests to central government ministries to result in actual budget allocations, it is essential to sufficiently demonstrate the feasibility of the projects and their regional ripple effects, as well as to maintain continuous negotiations and persuasion efforts that encompass both the political sphere and the government.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing