Politics · South Korea · 3 hrs ago
South Korea Adds Performance Reviews for Tourism Development Projects
South Korea’s Ministry of Culture, Sports and Tourism has introduced performance reviews for tourism development projects receiving national government grants.
The rules take effect on October 29 and apply to projects run by local governments.
They also provide for expert advice and training during project planning and implementation, and for a system to manage tourism development information.
Applications for national grants must now include proof of land availability and a local investment review.
The changes respond to repeated problems with tourism project budgets being spent slowly, after the government gave local authorities more control over regional tourism budget planning this year.
The ministry says it will appoint a dedicated performance-management agency this year to help establish the system.
South Korea’s Ministry of Culture, Sports and Tourism is introducing performance reviews for tourism development projects funded by national subsidies.
The system will provide expert consulting and training during project planning and implementation.
Local governments applying for subsidies must submit evidence that project sites are secured and provide the results of local financial investment reviews.
The changes are intended to address repeated delays in spending project budgets and improve the efficiency of public investment.
The amended Tourism Promotion Act and related rules take effect on October 29.
- Who
- South Korea’s Ministry of Culture, Sports and Tourism is introducing the system for local governments’ tourism development projects.
- What
- The changes add project performance reviews, expert consulting and training, and stricter requirements for national subsidy applications.
- When
- The amended law and related rules take effect on October 29, 2026.
- Where
- South Korea.
- Why
- The ministry said the changes aim to address repeated delays in budget spending and improve the efficiency of public investment.
This story does not have two clearly opposing sides.
The ministry changed the budget allocation method for regional tourism development projects to allow local governments to allocate budgets themselves.
Amendments to the Tourism Promotion Act and related rules take effect, introducing performance management and stricter subsidy application requirements.
- Effective date
- October 29, 2026
- Subsidy applications
- Must include evidence that the project site is secured and the results of a local financial investment review
- Performance management
- Reviews, expert consulting and training for tourism development projects
- Information system
- A comprehensive tourism development information system will be established and operated
- Agency designation
- A public institution or nonprofit with a dedicated team and specialist staff can be designated as the performance management agency
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What people are saying
Tourism development projects will be able to receive expert consulting from the planning stage through completion, and excessive project implementation will be curbed, increasing the efficiency of public investment.
We will promptly designate a dedicated performance management agency within this year to help establish the system.