Pohang Old Port Area Marine Industry Platform Blueprint... 'Record Assetization' Service Initiated

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] The blueprint for transforming the old port area (Guhang) of Pohang, Gyeongbuk, into a marine industry platform through the 'Urban Regeneration New Deal Project' has been drawn.

On the 17th, Pohang City announced that it held a kickoff meeting for the performance management and archival assetization service of the Guhang Urban Regeneration New Deal Project, finalizing the project execution plan and schedule.

The related service involves developing monitoring and performance management indicators suited to the characteristics of the 'economy-based urban regeneration New Deal project,' interpreting various changing conditions (such as policy and funding changes, regional conflicts, etc.) occurring during the realization of the revitalization plan according to local characteristics.

Along with performance management, an archive construction project is being conducted to collect the changed aspects of the urban regeneration New Deal project area through texts, images, oral recordings, videos, etc., and to record the sociocultural changes in residents' daily lives and lifestyles.

Pohang City plans to produce records and promotional materials using the established archive, develop distinctive local storytelling and cultural content, and derive methods for assetizing urban regeneration outcomes tailored to local characteristics.

Kim Hyung-gu, Director of Urban Regeneration at Pohang City, stated, "The performance management and archival assetization project is a very important service for systematically promoting urban regeneration projects," adding, "We will strive to ensure the revitalization plan is executed without setbacks by feeding back through monitoring at each project stage via performance management."

Meanwhile, on August 31, 2018, the Ministry of Oceans and Fisheries held a special Urban Regeneration Committee meeting and selected the 'ICT-based Marine Industry Platform' project, established for the Guhang area of Pohang City, as the 2018 economy-based urban regeneration New Deal project. Accordingly, a large-scale project involving an investment of 1.0857 trillion KRW (including various linked project costs) over six years from 2019 is underway, targeting 760,000㎡ of the Pohang Port Guhang area.

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