Changwon City Signs Agreement to Foster Leisure Ship Industry for Industrial Complex Development and Promotion

First in the Region to Promote Research, Manufacturing, Repair, Sales, and Education

On the 21st, Changwon City in Gyeongnam signed a mutual business agreement (MOU) with the Small and Medium Shipbuilding Research Institute to establish a leisure ship industrial complex and promote the industry.
(Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Changwon City in Gyeongnam announced on the 21st that it has signed a mutual business agreement (MOU) with the Small and Medium Shipbuilding Research Institute for the creation and industrial promotion of a leisure ship industrial complex.

The city completed a feasibility study and basic plan establishment for the promotion of the leisure ship industry in October of last year, and finalized the site in November of the same year.

Accordingly, to create the leisure ship industrial complex, the city plans to establish infrastructure such as a specialized support center and launching facilities on a 13,445㎡ (approximately 4,067 pyeong) site within the Macheon General Industrial Complex.

Along with the creation of the leisure ship industrial complex, the city will attract related research institutes and businesses to promote research, manufacturing, repair, sales, and education activities that cannot be seen in other regions. The city also plans to work with the research institute to find solutions to environmental issues, such as painting work, which has been problematic in the existing manufacturing and repair stages.

Heo Seong-mu, mayor of Changwon City, said, “We will spare no active support to foster the leisure ship industry,” and added, “We will work with the Small and Medium Shipbuilding Research Institute to contribute to the revitalization of the local economy and related industries.”

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