Changwon City Discusses Strengthening Competitiveness in Materials, Parts, and Equipment Sector with Korea Institute of Machinery and Materials

Changwon City, Gyeongnam, visited the Korea Institute of Machinery and Materials located in Yuseong-gu, Daejeon, on the 14th to respond swiftly to the announcement of the 'Materials, Parts, and Equipment 2.0 Strategy.' (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Changwon City in Gyeongnam announced on the 14th that it visited the Korea Institute of Machinery and Materials located in Daejeon to respond swiftly to the announcement of the ‘Materials, Parts, and Equipment 2.0 Strategy.’

On the same day, Ryu Hyo-jong, Director of Changwon City’s Smart Innovation Industry Bureau, visited the Korea Institute of Machinery and Materials to share experiences in responding to Japan’s export regulations and to focus on discussing future plans for fostering the advanced machinery industry in relation to the ‘Materials, Parts, and Equipment 2.0’ strategy announced by the government on the 9th.

Since the passage of the bill to elevate the Korea Institute of Materials, a subordinate research institute of the Korea Institute of Machinery and Materials, in April, the city is preparing to establish a second Materials Research Institute on the Yukdae site in Jinhae, which will provide one-stop support from material commercialization to quality certification.

Through the selection of national projects such as building CNC industrial machinery remanufacturing spec-up and establishing a power unit smart manufacturing center, the city is responding quickly to build a foundation for self-reliance in the materials, parts, and equipment business.

Director Ryu emphasized, “Changwon has firmly established itself as the mecca of the machinery industry, possessing excellent talent and a vibrant industrial ecosystem, thus holding growth potential going forward,” and added, “We will prepare so that the machinery industry can achieve a second leap forward in line with the government’s announcement of the Materials, Parts, and Equipment 2.0 strategy.”

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