BUSAN < invest Korea

According to Yonhap News,

(BUSAN=Yonhap News) Busan City announced November 13 that it will promote a city revitalization project on 26 places of business next year to create a pleasant and cultural city.

A total of KRW 14.5 billion of government expense will be invested in the project.

The city revitalization project is to revitalize the basic settlement area of the region economically, culturally and environmentally through the government’s regional development policy under the Ministry of Land, Infrastructure and Transport.

Among the 26 places of business in Busan, 14 of them are continued projects from 2013. Busan plans to request the Ministry of Land, Infrastructure and Transport to increase the national expense to 70 percent.

ljm703@yna.co.kr

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