Vice Minister Im Gi-geun presides over the 'Public Investment Project Review Committee General Meeting' held at The Export-Import Bank of Korea in Yeongdeungpo-gu, Seoul, on the 8th./Courtesy of Ministry of Economy and Finance

Vice Minister Lim of the Ministry of Economy and Finance said on the 8th, "We will announce measures to revitalize private investment in the second half of the year."

On this day, Vice Minister Lim noted that he held the 2025 2nd Private Investment Project Review Committee and reviewed and approved seven projects with a total scale of 2.5 trillion won.

The designated projects for private investment include five projects that were reviewed under the third-party proposal announcement: ▲ Expansion of Pyeongtaek-Siheung Expressway ▲ Modernization of Busan Suyeong Public Sewer Treatment Facility ▲ Ulsan Yeocheon Sewage Treatment Facility project ▲ Daegu Dalseocheon Sewage Pipeline Maintenance ▲ Samcheok Sewage Pipeline Maintenance.

First, the Pyeongtaek-Siheung Expressway expansion project is the first upgraded operation-type project aimed at alleviating chronic congestion on the expressway currently operated as a private investment project. By introducing the 'upgraded operation type' model to private investment projects, it will now be possible to promote new private investment projects even for ongoing projects that require upgrades or expansions due to frequent congestion on roads.

The Busan Suyeong Public Sewage Treatment Facility modernization project, which was also approved together, is aimed at reconstructing the Suyeong Public Sewage Treatment Facility, the first sewage treatment facility in Busan, which has the most serious degree of aging.

The Ulsan Yeocheon Sewage Treatment Facility project is aimed at establishing a new facility by separating and adjusting the sewage treatment area due to the capacity shortage and aging of the existing Yongyeon Sewage Treatment Facility.

The Daegu Dalseocheon (Zones 2-4) sewage pipeline maintenance project and the Samcheok sewage pipeline maintenance project are aimed at maintaining the aging sewage pipelines in the vicinity of Daegu City Dalseong Park, Seomun Market, and Daemyung-dong, and in the Dong area of Samcheok City, respectively.

The 2nd Private Investment Project Review Committee approved the designation of the project implementer for the Yeosu sewage pipeline maintenance project and the amendment of the implementation agreement for the Yongin Eco-town project.

First, the Yeosu sewage pipeline maintenance project is similar to the projects in Daegu and Samcheok, aiming to convert the existing combined sewer system to a separated system, and the implementation agreement was approved at the Private Investment Project Review Committee.

The Yongin Eco-town project is aimed at building a resource circulation system to manage and recycle the increased waste and sewage due to the urban development project in Yongin's Cheoin District, reflecting the increase in sewage treatment capacity and adding contents such as the installation of resident convenience facilities like sports facilities.

The Private Investment Project Review Committee also approved revisions to the basic plan for private investment projects that require modifications and supplements to the limit of large-scale private investment projects (BTL). Through this system improvement, the Ministry of Economy and Finance has established a basis for requesting revisions and supplements to the BTL limit request from the competent department.

Vice Minister Lim said, "We plan to actively discover new types of private investment projects," and urged, "Prepare tangible measures by constantly communicating with the field."

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