Kim Byung-won Preliminary Candidate "Committed to Relocating LG Chem to Naju Jurisdiction and Attracting LG Group Companies"

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Kim Byeong-won, the preliminary candidate for the Democratic Party of Korea for Naju·Hwasun in Jeonnam, raised the necessity of relocating LG Chem in Naju within the jurisdiction and announced plans to attract LG Group’s high-performance secondary battery-related companies and to promote the creation of an administrative complex town on the relocation site.

On the 11th, preliminary candidate Kim held a meeting with about 10 executives and employees, including Factory Manager Lee Geon-ju and Labor Union Chairman Ryu Je-hyeok, at the LG Chem VIP room.

He also said, “Following the Honam Fertilizer Plant, established in 1962 on the outskirts of the city with an area of about 142,000 pyeong, the current LG Chem is a strong backbone of Naju’s economy,” adding, “Currently, due to urban expansion, the large-scale factory is located in the city center of the old town, making it necessary to review new win-win measures.”

In this regard, preliminary candidate Kim pointed to the ‘LG Chem Relocation within Jurisdiction and LG Group Corporate Attraction’ project announced by Naju City as an alternative, which is one of the seven leading projects of the 7th local government term.

This project’s core content is a win-win plan that involves creating a separate national industrial complex and simultaneously relocating LG Chem within the jurisdiction and attracting companies at the LG Group level.

The relocation site will be developed into an administrative complex town combining an international-level park and modern residential, leisure, and convenience facilities, containing groundbreaking balanced development elements that can complete urban regeneration of the innovation city and the old town.

He explained, “If elected as a member of the National Assembly, I plan to actively promote this project by forming a public-private joint promotion group encompassing various sectors together with Naju City,” adding, “LG Chem and the local community will prepare a win-win strategy through the ‘Naju-type social dialogue model’ to maximize Naju’s future development.”

He continued, “I will draw a big picture of attracting the World Energy Expo together with Naju City, LG Group, and the world-renowned energy public enterprise KEPCO,” and stated, “I will actively work on the enactment of a special law, which is the basis for government financial support.”

He also said, “With pride that LG Chem is a large company symbolizing Naju, I will discuss with the top executives of LG Group to lead decisions worthy of the status of a representative company of Korea.”

Meanwhile, preliminary candidate Kim plans to continue his on-site policy activities as an economic expert, starting with his visit to LG Chem.

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