Daegu City Invests 881.3 Billion KRW in Manufacturing Process Innovation 'Industrial Complex Redevelopment' ... Until 2024

First Briefing Session at Seongseo Industrial Complex Since Selection in Government Public Project Last May

The photo shows Hansangbeom, President of LG Display, visiting Georim Tech, a second-tier partner company located in Seongseo Industrial Complex, Daegu. He is touring the production site and discussing cases of on-site improvements and win-win activities.

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 25th, Daegu City held a briefing session on the 'Daegu Industrial Complex Grand Renovation Project' at the Seongseo Industrial Complex Management Corporation's main conference room, attended by Mayor Kwon Young-jin, company representatives, related organizations, and industrial complex officials totaling 35 people.

This briefing session was the first event since the 'Daegu Industrial Complex Grand Renovation Project' was selected in the joint government competition in early May, and the project will be officially implemented starting in 2021.

The industrial complex grand renovation project, aimed at realizing a future-oriented industrial complex through manufacturing process innovation, will be promoted in three categories: ▲support for companies and startups based on manufacturing process innovation ▲resolution of job mismatches ▲creation of a safe and comfortable industrial complex. According to Daegu City, the project will be centered on Seongseo Industrial Complex, the region's largest general industrial complex, and linked with the 3rd Industrial Complex, Seodaegu Industrial Complex, and nearby innovation economic belts such as Kyungpook National University and Samsung Creative Campus.

The project budget amounts to a total of 881.3 billion KRW across 44 unit projects until 2024. For company support and startup support based on manufacturing process innovation, 432.2 billion KRW will be invested in 25 projects including manufacturing robot pilot distribution demonstration, smart factory establishment and advancement, workplace innovation support, customized process environment improvement for root companies, and remodeling of closed or idle factories in the industrial complex.

Additionally, to resolve job mismatches through worker support and education linkage, 98.5 billion KRW will be allocated to 7 projects such as Campus Innovation Park, advanced smart manufacturing workforce training, complex cultural center, and smart factory specialized campus construction. Furthermore, 350.6 billion KRW will be invested in 12 projects including industrial complex-type smart city, industrial complex living area regeneration, smart remodeling of aging industrial SOC, expansion of convenience facilities, and establishment of Factory Energy Management System (FEMS).

Mayor Kwon Young-jin stated, "This project will revitalize the local industrial complexes that have been facing great difficulties due to recent worsening domestic and international economic conditions and COVID-19. We will do our best to make this a growth engine leading the post-COVID era through meticulous project planning and securing national funding."

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