• 2026.03.06 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Daejeon City, Jung-gu Daeheung-dong New:Village Urban Regeneration Project Kicks Off

Hwang Sujin Reporter / Updated : 2025-07-08 12:38:11
  • -
  • +
  • Print
Total of 30.9 Billion Won to be Invested… Focusing on Resident-Oriented Projects like Parking Lots and Community Centers


 

Daejeon City is set to fully launch the 'New Village Urban Regeneration Project' in the Daeheung-dong area of Jung-gu, investing a total of 30.9 billion won to improve the residential environment and restore vitality in the old city center.

After the Daeheung district in Jung-gu was selected as a 'New Village Project' site in the Ministry of Land, Infrastructure and Transport's urban regeneration public contest in December 2024, Daejeon City formalized the project's commencement by going through administrative procedures and announcing the 'Urban Regeneration Revitalization Plan' on June 30th.

This project will be carried out over five years, from 2025 to 2029, targeting the area around 309-11 Daeheung-dong, Jung-gu (approximate area of 73,000 ㎡), with a total project cost of 30.9 billion won. Of this, 15 billion won will come from national funds, 15 billion won from Daejeon City and Jung-gu local funds, and 889 million won from other sources.

Daeheung-dong, once a prosperous area due to the presence of the Daejeon Provincial Government Office, has seen its residential environment significantly deteriorate due to population decline, industrial stagnation, and aging infrastructure. This project focuses on resolving these issues and fundamentally improving the residential conditions.

Notably, many life-oriented projects with high resident impact are included. Key initiatives include: ▲improving alleyways and street environments, ▲expanding safety infrastructure such as crime prevention CCTVs and security lights, ▲creating a multi-purpose community center, and ▲securing self-supporting parking facilities.

To ensure the smooth progress of the project, Daejeon City plans to secure national funding and invest municipal funds, strengthen advisory systems with urban regeneration experts, gather opinions from local residents, and enhance inter-departmental collaboration. Furthermore, the city intends to promote housing supply activation through future support for autonomous housing maintenance projects and consulting for resolving landlocked properties.

A Daejeon City official stated, "The New Village Urban Regeneration Project will serve as an opportunity to inject new vitality into the stagnant old city center. We will do our best to bring about practical changes such as improving residents' quality of life and residential conditions. We will continue to actively discover national public contest projects to continuously expand the foundation for urban regeneration."

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Taiwanpost
  • #Samsung
  • #Doosa
Hwang Sujin Reporter
Hwang Sujin Reporter

Popular articles

  • Jinju’s ‘Worasan Woodland’ Honored as Top-Tier National Forest Education Hub by Korea Forest Service

  • Tzuyang Reveals Massive Expenses: $33,000 Annual Delivery Bill and "Luxury Car" Monthly Income

  • Court Rules Sequence of Medical Procedures is a Matter of Physician Judgment, Not Patient Choice

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065584258712633 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • The Illusion of a "Stress-Relieving" Smoke: Study Finds Smokers More Prone to Depression
  • From Table to Space: Japan Unveils Edible Spoons Made of Cookies
  • Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition
  • U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports
  • Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds
  • Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers