Private Think Tank 'Saneop Yeonhap Forum' Launched

Jung Manki, President of the Korea Automobile Manufacturers Association (center), is delivering a greeting at the launch ceremony of the Korea Industrial Federation held on the 13th at the Grand Conference Room of the Automobile Industry Hall in Seocho-gu, Seoul. President Jung was appointed as the inaugural chairman of the Industrial Federation.

Eight Organizations Including Automotive and Machinery Join Forces... Role in Research, Investigation, and Policy Development

[Asia Economy Reporter Kiho Sung] Industry-specific organizations from sectors such as automotive, machinery, bio, textile, and steel have jointly launched the Korea Industrial Alliance Forum (KIAF). Through objective research and hosting forums, they plan to explore industrial development strategies and represent the opinions of various industries. Through this, they aim to serve as a think tank for major industrial research, investigation, and policy development, similar to the Heritage Foundation in the United States.

On the 13th, eight organizations including the Korea Automobile Manufacturers Association, Korea Machinery Industry Promotion Association, Korea Bio Association, Korea Textile Industry Federation, Korea Engineering Association, Korea Battery Industry Association, Korea Iron and Steel Association, and Korea Federation of Medium-sized Enterprises held an inauguration ceremony at the Automobile Industry Hall conference room in Seocho-gu, Seoul, launching the Industrial Alliance Forum. The first chairman was appointed as Jeong Manki, president of the Korea Automobile Manufacturers Association, and auditor as Jeong Sunnam, vice president of the Korea Battery Industry Association. Song Won-geun, visiting professor at Yonsei University, was appointed as the director of the Future Industry Research Institute. Representatives from semiconductor, shipbuilding, department store, petrochemical, and display associations also attended the inauguration. The Industrial Alliance Forum plans to gradually expand its membership after its launch.

The Industrial Alliance Forum originated from the 'Industrial Organizations Federation,' which was conducted by 26 industry-specific organizations including the Korea Automobile Manufacturers Association and the Korea Federation of Medium-sized Enterprises. The Industrial Organizations Federation held a total of five 'Industrial Development Forums,' addressing issues such as legislative regulatory problems, the three corporate regulation laws, and financial difficulties faced by companies due to the COVID-19 pandemic.

In the short term, the Industrial Alliance Forum aims to develop into the nation's top private industrial economic forum, and in the long term, it targets becoming a think tank that conducts major industrial research, investigation, and policy development. To this end, it plans to build its own research and investigation capabilities and strengthen knowledge creation functions by utilizing human resources from various industries. Additionally, it will hold a regular forum once a month, inviting experts from industry and academia, labor unions, government, and the National Assembly to ensure that discussions are reflected in policies.

Chairman Jeong said, "Going forward, the Industrial Alliance Forum will provide reasonable proposals to the public and policymakers through regular forums and objective, empirical research on the difficulties faced by our companies," adding, "We will contribute to the development of the industry by strengthening research and investigation."

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