Daegu Urban Development Corporation "Rapid Execution of 34.2 Billion Won Budget... Expected to Aid Struggling Local Economy"

On-site Inspection Meeting for First Quarter Fiscal Execution

Daegu Urban Development Corporation (President Jeong Myeong-seop) participated in the government and local governments' rapid fiscal execution policy to contribute to revitalizing the local economy by holding the "2025 1st Quarter Rapid Fiscal Execution On-site Inspection Meeting" on the 24th, hosted by the Ministry of the Interior and Safety's Local Economy Support Bureau.

This meeting was held with the attendance of Cho Seong-hwan, Director of the Local Economy Support Bureau of the Ministry of the Interior and Safety, to discuss measures to improve the execution rate related to the rapid execution promotion plan for local public enterprises in the first half of the year and to listen to suggestions related to rapid execution.

After the rapid execution inspection meeting hosted by the Ministry of the Interior and Safety and Daegu Urban Development Corporation, the attendees are taking a commemorative photo.

Daegu Urban Development Corporation set a rapid execution budget target of 34% of the first quarter rapid execution target amount, equivalent to 34.2 billion KRW, and plans to make every effort to achieve the goal through organic cooperation with business departments and continuous monitoring of the progress of major projects.

The corporation will hold regular execution performance inspection meetings to achieve the rapid execution target and actively utilize local fiscal rapid execution guidelines, including efforts to actively pay advances and progress payments.

Jeong Myeong-seop, President of Daegu Urban Development Corporation, stated, “We will do our best to achieve the rapid fiscal execution target for the first half of the year in line with the government policy of the Ministry of the Interior and Safety. We hope that the rapid budget execution will serve as a catalyst for economic recovery in the local economy, which is struggling due to economic recession and rising prices, and that the difficult economic situation will improve quickly.”