5 industrial complexes including Banwol and Sihwa

The government has preliminarily selected five industrial complexes in Gyeonggi, Gyeongnam, Busan, Ulsan, and Jeonbuk as’industrial complex large-scale areas’. The plan is to create 55,000 jobs by reorganizing the aging national industrial complex centered on the traditional manufacturing industry into a center for innovative industries such as future cars.

The Ministry of Trade, Industry and Energy held the Competitiveness Enhancement Committee of the aged base industrial complex on the 24th and preliminarily selected five industrial complexes, including Banwol and Sihwa, Gyeongnam Changwon, Myeongji and Noksan, Ulsan, Mipo, and Gunsan industrial complexes in Jeollabuk-do. The large industrial complex is a local job creation project that turns old industrial complexes into regional industrial innovation bases. The government selected five industrial complexes located in Gyeongbuk, Gwangju, Daegu, Incheon, and Jeonnam last year as the first large-scale region, and this time it made the second selection. When a metropolitan local government establishes an industrial complex innovation plan, 10 ministries including the Jobs Committee, the Ministry of Industry, and the Ministry of Land, Infrastructure and Transport provide package support.

Gyeonggi is planning to reorganize the industry centered on the Banwol and Sihwa Industrial Complexes, focusing on the sub-manager (materials, parts, and equipment) industries that integrate advanced information and communication technologies (ICT) such as next-generation semiconductors. Through this, the goal is to raise 10,000 jobs and 99 small hidden champions over three years.

Gyeongnam plans to intensively foster future mobility fields, centering on the Changwon Industrial Complex. Busan, based in the Myeongji and Noksan Industrial Complexes, will reorganize the traditional manufacturing industry into an eco-friendly future promising industry by linking the Sasang Industrial Zone and the Busan Jinhae Free Economic Zone. Ulsan will focus on fostering the hydrogen-electricity and self-driving car industry based on the Mipo Industrial Complex. It was decided to create an eco-mobility innovation cluster by linking the Techno Industrial Complex and Maegok Industrial Complex.

Jeonbuk decided to overcome the stagnation in the automobile industry, which is the main industry, by raising it as a future commercial mobility base centered on the Gunsan Industrial Complex.

Reporter Jihoon Lee [email protected]

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