Yeosu City Invests 26.4 Billion Won in Customized Youth Policies

Promotion of 61 Projects Across 16 Departments

Expansion and Reorganization of Youth Job Division and Youth Policy Team

[Yeosu=Asia Economy Honam Reporting Headquarters, Reporter Choi Cheol-hoon] Jeollanam-do Yeosu City (Mayor Jeong Gi-myeong) announced on the 27th that it has finalized a youth project budget of 26.4 billion KRW this year to create a happy city for youth and will implement youth policies with generous support.

According to Yeosu City, this year, 16 departments will promote a total of 61 youth policy projects, including 8 projects in participation and communication, 30 in jobs, 8 in tourism, culture, and leisure, and 15 in housing and welfare.

Yeosu City has secured a budget of 26.4 billion KRW for youth projects this year to create a happy city for young people and will implement youth policies with generous support.
Photo by Yeosu City

In particular, this year marks the first step to intensively promote youth-specialized projects and strengthen the foundation of youth policies by reorganizing the Population and Jobs Division, the main department for youth policies, into the ‘Youth Jobs Division’ and establishing a ‘Youth Support Team.’

Additionally, Mayor Jeong Gi-myeong of Yeosu City has pledged to expand youth startups as a campaign promise for the 8th term of the local government, increasing the budget for youth startup support to promote youth entrepreneurship and strengthening customized consulting projects for startups to stabilize businesses.

Furthermore, to promote systematic and strategic project implementation, a ‘5-year Youth Policy Plan’ will be established in the first half of the year to discover sustainable, region-tailored jobs, and short-term support measures will also be continuously identified through annual implementation plans.

Through this, the city plans to proactively respond to the decline in the youth population by encouraging economic independence and regional settlement of young people.

Mayor Jeong Gi-myeong of Yeosu City said, “In the 8th term of the local government, Yeosu City will be a pillar of support for the youth,” adding, “We will create a Yeosu where young people can constantly challenge themselves, get back up even if they fall, and a Yeosu to which young people will return.”

Yeosu=Asia Economy Honam Reporting Headquarters, Reporter Choi Cheol-hoon hss79@asiae.co.kr [Photo provided by Yeosu City]