Busan Chamber of Commerce Signs Business Agreement with Busan Institute of Industrial Science and Innovation

Laying the Foundation for Industrial Innovation to Support Regional Companies, Including Discovering New Industries

Busan Chamber of Commerce and Industry and Busan Institute of Industrial Science and Innovation hold a business agreement ceremony for mutual cooperation on the 24th.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The Busan Chamber of Commerce and Industry held a business agreement ceremony on the 24th at 2:30 PM in the 8th-floor conference room of the Busan Chamber of Commerce to establish a mutual cooperation system with the Busan Institute of Industrial Science and Innovation, a leading regional industrial technology research institution.

The two organizations agreed to join forces to create new growth engines across the regional industry and to achieve innovation in the industrial ecosystem. The Busan Chamber of Commerce proposed the collaboration, which was accepted by the Busan Institute of Industrial Science and Innovation.

Attending the agreement ceremony were Huh Yong-do, Chairman of the Busan Chamber of Commerce, and Lee Byung-gon, Secretary General, among others. From the Busan Institute of Industrial Science and Innovation, Kim Byung-jin, Director, and Kim Ho, Head of the Policy Research Division, participated.

Through the agreement, the two organizations will cooperate in various areas such as information and data collection for regional development and industrial innovation, identifying key issues, conducting joint projects for regional economic development, and promoting research studies.

Based on the results of joint research projects conducted through mutual cooperation, the two organizations also agreed to actively hold joint academic seminars and discussion forums in the future.

A representative of the Busan Chamber of Commerce stated, “As the decline of the region’s core manufacturing industry deepens, discovering new industries and innovating industrial technology for regional economic development is urgently needed,” adding, “The Busan Chamber of Commerce will work closely with the Busan Institute of Industrial Science and Innovation to discover future industries in the region.”

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