Establishing Mid- to Long-Term Development Strategies for Regional Automobile Industry and Discovering New Businesses

On the 17th, Gyeongnam Province held the inauguration ceremony of the Gyeongsangnam-do Automobile Industry Promotion Committee at the Changwon Convention Center, attended by various figures including Kim Kyung-soo, Governor of Gyeongnam Province. (Photo by Gyeongnam Province)

On the 17th, Gyeongnam Province held the inauguration ceremony of the Gyeongsangnam-do Automobile Industry Promotion Committee at the Changwon Convention Center, attended by various figures including Kim Kyung-soo, Governor of Gyeongnam Province. (Photo by Gyeongnam Province)

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[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Gyeongnam Province announced on the 17th that it held the launching ceremony of the 'Gyeongsangnam-do Automobile Industry Promotion Committee.'


The launching ceremony was hosted by the Southeast Headquarters of the Korea Automotive Technology Institute and sponsored by Gyeongnam Province. Participants included Kim Young-sam, Director of Industrial Innovation at the provincial government, Hwang Yoon-gil, Secretary of the Automobile and Aviation Division at the Ministry of Trade, Industry and Energy, Cho Young-jin, First Vice Mayor of Changwon City, and more than 60 attendees from the private sector such as domestic automakers Hyundai, Renault Samsung, Ssangyong, universities, research institutes, companies, and regional technoparks located in Busan, Ulsan, and Gyeongnam.


The province plans to form a joint consultative body of automobile experts and industry-academia-research institutions in the Southeast region to lead private cooperation in discovering new projects for fostering the regional automobile industry and responding to national projects amid domestic and international changes in the automobile industry. Furthermore, it aims to develop this into a Southeast regional automobile industry consultative body encompassing Busan, Ulsan, and Gyeongnam.


In July last year, the province signed a business agreement to support the establishment of the Southeast Headquarters with the Korea Automotive Technology Institute and is currently conducting design services for the construction of a Future Mobility Research Support Center in Changwon City, targeting completion in 2021.


Additionally, the 'Gyeongsangnam-do Automobile Industry Promotion Committee' will be operated with an executive committee of 20 industry-academia-research experts centered on the Southeast Headquarters of the Korea Automotive Technology Institute, and six subcommittees totaling 50 members covering infrastructure, technology development, new technology transfer, crisis response, workforce training, and legal systems.



Kim Young-sam, Director of Industrial Innovation at the provincial government, said, “We expect the Gyeongsangnam-do Automobile Industry Promotion Committee to present strategic directions for overcoming the crisis faced by the automobile industry due to COVID-19 and to serve as a focal point for joint cooperation among industry, academia, and research.” He added, “We will continue to support Gyeongnam’s automobile industry to secure a leading position in the future automobile market and enhance global competitiveness.”


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

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