Busan Port Authority, Recruiting Participants for 'Busan Port Smart Factory' Program

Support for Securing New Growth Engines for SMEs in Preparation for the Post-Corona Era

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan Port Authority (BPA) announced on the 14th that it will promote the ‘Busan Port Smart Factory Construction Support Project’ to support manufacturing innovation of small and medium-sized partner companies at Busan Port in preparation for the post-COVID-19 era.

The ‘Smart Factory Construction Support Project’ is a program that supports small and medium-sized enterprises to introduce various types of smart factories to enhance competitiveness in manufacturing sites by applying ICT technology to production processes, logistics, and material management to achieve manufacturing innovation.

Although many companies have introduced smart factories as a survival strategy after COVID-19, small and medium-sized enterprises face difficult management conditions even to adopt basic-level smart factories. Accordingly, Busan Port Authority has started supporting small and medium-sized enterprises to secure new growth engines through the smart factory construction support project from this year.

The support targets small and medium-sized enterprises related to port, shipping, and marine industries located in Busan and Gyeongnam. Five companies will be selected based on their willingness to improve and project execution capabilities, and each company will receive support of about 25 million KRW.

The application period is from the 14th to July 27th, and companies wishing to participate can download the application form from the BPA website and submit it online through Sangsaengnuri.

For more details, contact the Smart Factory Construction Support Project team at the Social Value and Innovation Office of Busan Port Authority.

Nam Ki-chan, President of BPA, said, “I hope this project will help small and medium-sized enterprises at Busan Port prepare for the new environment called the post-COVID-19 era,” and added, “We will continue to promote various support programs so that the industrial ecosystem surrounding Busan Port can coexist and cooperate.”

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