Gyeonggi Province Secures 12.3 Billion Won in Resident Support Budget for Development-Restricted Areas Next Year... Up 33% from This Year
The Gyeonggi Provincial Government has secured 12.3 billion won in national funding for next year’s Resident Support Project for Development-Restricted Areas. This amount is 3.1 billion won (33.3%) higher than this year. Among the 14 cities and provinces nationwide that manage development-restricted areas, this is the largest allocation.
Gyeonggi Province announced on the 27th that it has secured 12.3 billion won, representing 23% of the total 53.9 billion won national budget for next year's Resident Support Projects for Development-Restricted Areas across the country.
The secured budget will be allocated to 13 cities and counties within the province that manage development-restricted areas: Goyang, Gwangju, Gunpo, Namyangju, Bucheon, Suwon, Siheung, Ansan, Yangpyeong, Uiwang, Uijeongbu, Hanam, and Hwaseong. The funds will be used to improve living infrastructure such as roads and river maintenance, as well as for environmental and cultural projects such as Nuri-gil trails and leisure green spaces.
The Resident Support Project for Development-Restricted Areas is intended to assist residents experiencing inconvenience due to the designation of development-restricted zones. The project aims to reduce residents’ discomfort and enhance welfare by maintaining infrastructure such as roads and rivers, and by establishing Nuri-gil trails and green leisure spaces.
Soo-Hyung Kim, Head of the Regional Policy Division at Gyeonggi Province, stated, “It is significant that we have increased the allocation to Gyeonggi Province even in a climate of decreasing national support for resident projects across the country. We will implement the projects without delay so that the secured funds can substantially alleviate the inconveniences faced by residents in development-restricted areas, and we will do our best to secure additional national funding by making recommendations for system improvements.”
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To secure national funding, Gyeonggi Province continuously requested expanded allocations from the Ministry of Land, Infrastructure and Transport, citing the province's collection volume of conservation charges incurred during the lifting and development process of development-restricted areas. In particular, the province significantly reduced disadvantages from project abolishments, changes, and rollovers compared to the previous year, and actively discovered and applied for environmental and cultural projects, such as Nuri-gil trails and leisure green spaces, which are selected through open national funding competitions, thereby responding proactively to expanding the national budget allocation.
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