Seoul City announced on the 19th that it will invest 1.3083 trillion won this year in orders for safety and infrastructure service contracts and construction projects.
The city plans to push forward with orders for about 70% of the total construction and service contracts by April, aiming to revitalize the construction industry and local economy, which are facing a crisis due to the economic downturn, and to promote job creation. The city expects that a total of 13,737 jobs in the safety and construction sectors will be created through this year's orders.
Orders for safety and infrastructure service contracts include ▲100 safety-related projects (571 billion won) such as road facilities, firefighting, and mountain areas ▲77 infrastructure design projects (623 billion won) ▲17 water and sewage safety management projects (229 billion won).
For construction project orders, a total of 126 projects amounting to 1.166 trillion won will be invested, including ▲50 urban infrastructure construction projects such as roads and parks (614.3 billion won) ▲42 maintenance projects for road facilities and bridges (327 billion won) ▲34 repair and maintenance projects for water and sewage facilities (224.7 billion won).
Additionally, the city has disclosed on the Seoul City website approximate project details and order schedules for safety and construction service contracts and construction projects planned for this year, so that related companies can prepare and participate in advance.
Han Byung-yong, Director of the Seoul Disaster and Safety Office, said, "With the recent economic downturn and increasing difficulties in the construction industry, we expect that swiftly ordering projects and executing budgets in the public safety and construction sectors will help revitalize the sluggish economy. Since these projects are directly related to citizen safety, we will do our utmost to ensure they proceed without any setbacks."
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