On the Last Day of the Holiday, Hong Nam-ki Visits Industrial Sites: "You Are the True Export Warriors... Will Pay Closer Attention to the Field"

Visit to 'Geonwoojunggong' in Ansan Banwol Industrial Complex on the 27th

Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, visited Geonwoo Jeonggong, an export-strong small and medium enterprise in Ansan Banwol Industrial Complex, on the morning of the 27th to inspect the site. (Photo by Hong Nam-ki)

[Asia Economy Reporter Kim Hyunjung] On the last day of the Lunar New Year holiday, the 27th, Hong Nam-ki, Deputy Prime Minister for Economy and Minister of Strategy and Finance, who visited an industrial site, expressed his thoughts, saying, "These people who work silently are the true export workforce steadily building the stepping stones of our external exports one by one."

Deputy Prime Minister Hong visited Geonwoojunggong, a small but strong export company in Ansan Banwol Industrial Complex, in the morning and posted on his Facebook, "I was reminded once again and resolved that the government must examine the field more closely and public officials like us must create policies more meticulously," conveying this message.

Geonwoojunggong is a company that produces manufacturing molds (dies) used to make automobile parts, cellphone frames, laptop cases, etc., and is a strong export company that exports 100% of its sales overseas (70% to Japan, 30% to Europe). According to Deputy Prime Minister Hong, the molds being made at the time of the visit were also for export to Japan, and the production line was operating to meet delivery deadlines.

He wrote, "Seeing the executives and employees united and sweating during the Lunar New Year holiday to manufacture and export molds to countries like Japan and Germany amid challenging external conditions, I felt a mix of sympathy and proud pride for them. However, above all, I felt the vitality at the site, and especially the case of 'trust and reliable management' by CEO Park Soon-hwang of Geonwoojunggong for pioneering export markets was very impressive."

It is known that various proposals and opinions from executives and employees were shared during the meeting held on site. Deputy Prime Minister Hong explained, "They raised vivid opinions from the field such as discovering new markets and customers, securing and training skilled workers in the root industry sector, preparing in advance for the 52-hour workweek system, and countermeasures to enhance product price competitiveness (such as smart factories). I promised to try to incorporate those valuable opinions into government policies as much as possible." He added, "In particular, we exchanged opinions on the usefulness of the promising accounts receivable secured loan system (200 billion KRW in 2020), which was conceived and newly established based on last year's field meeting."

Deputy Prime Minister Hong has been encouraging executives and employees by visiting export small and medium enterprises during every holiday. Last Chuseok, he also visited a small export company (Aju Cosmetics) in Namdong Industrial Complex, Incheon, during the Chuseok holiday.

This content was produced with the assistance of AI translation services.