Gokseong-gun Selected for Final Stage of Power Infrastructure Development Project

Ministry of Trade, Industry and Energy's Power Infrastructure Development Project Finalizes Selection for High-Voltage Cable International Mutual Recognition Evaluation Base Project

Investing 14.4 Billion KRW to Establish a One-Stop Overseas Certification Specialized Testing Complex in the Cable Sector

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Gokseong-gun, Jeollanam-do, has been finally selected for the 2020 first half Power Infrastructure Development Project.

According to Gokseong-gun on the 2nd, the Power Infrastructure Development Project is led by the Ministry of Trade, Industry and Energy to respond to changes in the energy environment and foster new industries in the power and energy sectors. It supports technology development and testing and evaluation to secure export competitiveness and expand market entry for domestic companies.

The newly selected High-Voltage Cable Infrastructure Construction Project mainly aims to enable Korean companies that have entered overseas markets to obtain overseas certification domestically through a One-Stop service.

To this end, it plans to secure internationally recognized testing and evaluation capabilities in the cable field from low voltage to ultra-high voltage and establish a foundation for mutual recognition of test results with global testing and certification organizations.

The High-Voltage Cable Infrastructure Construction Project is a follow-up to the "Industrial High-Voltage DC Equipment Performance Testing Infrastructure Construction Project" completed by the Korea Testing Certification (hereafter ‘KTC’) in Gokseong-gun in 2019.

KTC leads the project, and Gokseong-gun and Jeollanam-do will jointly invest a total of 14.4 billion KRW over three years until 2022, including 9.7 billion KRW in national funds, 1.8 billion KRW in local funds, and 2.9 billion KRW in private contributions.

Through this, they plan to establish an internationally recognized specialized testing complex for power equipment in Gokseong-gun. Additionally, in connection with Naju Innovation City, they aim to foster the power and energy new industry ecosystem in the Gwangju-Jeonnam region and develop it into a regionally specialized industry.

The leading organization, KTC, signed a business cooperation agreement in May with UL, a global testing and certification organization with a unique position in cable testing and certification, to support domestic companies’ overseas markets through One-Stop overseas certification.

In the future, they plan to secure international-level testing capabilities and promote the designation of international testing laboratories through mutual verification. KTC expects that upon completion of this project, overseas testing and certification costs and required time will be reduced by half, significantly lowering the burden on domestic companies.

A county official stated, “We greatly expect that this government public project selection will attract investment from related companies, create quality jobs, and revitalize the local economy.”

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