Gyeongju City to Open Integrated Culture Library Featuring Archives, Reading, and Science... Accelerating Youth Housing Loan Support and Efforts to Attract Public Institutions

Gyeongju City is continuing its active municipal efforts, encompassing the construction of a new library, support for youth housing, and the attraction of public institutions.

On August 18, Gyeongju City announced plans to build the "Gyeongju City Integrated Culture Library" in the Hwangseong Park area, with the goal of opening in August 2028.

The budget for the library amounts to 78.7 billion won, funded by Korea Hydro & Nuclear Power's alternative project budget. The facility will have a total floor area of 10,628 square meters, with one basement level and two above-ground floors.

Inside the library, various spaces will allow visitors to experience Silla’s millennium-old scientific heritage and future energy technologies.

The first basement floor will house the "Gyeongju Archives," showcasing the city's history and scientific heritage. On the first above-ground floor, there will be a children’s library and a "Makerspace" for creative activities.

The second floor will feature a comprehensive resource room with views of Hwangseong Park, a designated area for teenagers, and an exhibition and education space highlighting Korea Hydro & Nuclear Power’s future energy initiatives. After completing the detailed design, the city plans to begin construction in January next year.

In addition, Gyeongju City is accelerating its "Youth Home Purchase Loan Interest Support Program," aimed at stabilizing housing for young people.

This program, funded by a 1 billion won municipal budget, targets young adults aged 19 to 39 who have purchased homes in the region (valued at 500 million won or less, and with a total area of 85 square meters or less) since 2024. It offers up to 3 million won per year in interest support.

After reviewing the eligibility of applicants for the first round, a total of 292 recipients have been selected and will receive their support grants this month.

Gyeongju City plans to accept second-round applications next month from those who did not apply the first time and distribute additional funds in December.

Furthermore, in response to the government’s second phase of public institution relocation to regional areas, Gyeongju City is making all-out efforts to unite civic capabilities for attracting these institutions.

In addition to holding policy roundtables and expert forums, the city recently hosted two bipartisan government-party consultative meetings, reinforcing a united, cross-party commitment to this initiative.

Gyeongju City has launched a full-fledged campaign targeting the central government and North Gyeongsang Province, leveraging its distinct strengths in areas such as nuclear power and energy safety, cultural tourism and national heritage, and future growth industries.

Joo Nakyoung, Mayor of Gyeongju, stated, "We will steadily pursue high-impact policies—from the construction of an integrated culture library that connects Silla’s wisdom with future technologies, and real improvements in youth housing stability, to attracting public institutions that will drive Gyeongju’s future growth—so that citizens can truly feel the benefits."

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