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2 clusters · 3 sources · 11 days · First seen · Last updated

Daegu municipal budget and eco-friendly initiatives

Overview

The Daegu Metropolitan Council approved a 406.5 billion won supplementary budget to support economic recovery, future growth industries, and citizen safety. This funding includes financial support for small and medium-sized enterprises, the establishment of a ‘Future New Growth Fund’ by 2030, and investments in an AI innovation hub. Additionally, the budget allocates resources for emergency medical safety nets and infertility treatment support.

Following this, the city utilized supplementary funds to expand subsidies for 1,691 eco-friendly vehicles, including electric passenger cars and hydrogen passenger cars. This move aims to address challenges in the transition to green mobility, as the city currently faces shortages in hydrogen charging infrastructure and relies heavily on compressed natural gas buses.

Entities

Daegu Metropolitan City · Daegu Metropolitan City · Chu Kyung-ho · Daegu Metropolitan Council

Timeline

  1. [BUSINESS] 2 sources
    Daegu expands eco-friendly vehicle subsidies amid hydrogen infrastructure shortages

    Daegu is expanding eco-friendly vehicle subsidies for 1,691 units while struggling with a shortage of hydrogen charging infrastructure that slows the transition of its bus fleet.

  2. [BUSINESS] 2 sources
    Daegu approves 406.5 billion won supplementary budget

    Daegu Metropolitan City approved a 406.5 billion won supplementary budget to support SMEs, fund future growth industries like AI, and expand infertility treatment support by removing usage limits.

Sources

biz.heraldcorp.com · imaeil.com · m.imaeil.com