Korea Hydro & Nuclear Power Completes Smart Factory Construction Support Project Report Meeting..."Supporting Win-Win Cooperation"

[Asia Economy Reporter Kim Bo-kyung] Korea Hydro & Nuclear Power held the '2019 Smart Factory Construction Support Project Completion Report Meeting' on the 3rd at Hwangryongwon in Gyeongju.

The Smart Factory Construction Support Project is a program that supports small and medium-sized enterprises (SMEs) in improving productivity by assisting with the purchase of automation equipment, product design, and production process improvements.

The report meeting was attended by Korea Hydro & Nuclear Power President Jeong Jae-hoon, the project executing organization Korea Standards Association, and employees from 11 SMEs including Daegun Industry, INEM, and Dongin Engineering. Presentations were made on productivity improvement achievements and excellent cases of participating companies through the Smart Factory Construction Support Project.

Korea Hydro & Nuclear Power supports 40% of the total project cost, which corresponds to the SMEs' share, to reduce their financial burden. This year, the company plans to expand the number of participating companies to provide benefits to more enterprises.

President Jeong Jae-hoon of Korea Hydro & Nuclear Power stated, "We will strive to support win-win cooperation with companies," and urged, "We hope that SMEs will take a further leap forward based on the achievements made through this smart factory construction and contribute to maintaining the nuclear power ecosystem."

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