Carbon Management, From Technology to Industry↑... Designated by the Industrial Promotion Agency

Jeonju Carbon Convergence Technology Institute → Designation as Carbon Industry Promotion Agency Underway
Preparations Begin for Operation Starting March Next Year

[Asia Economy Reporter Moon Chaeseok] The government announced that it has decided to designate the Korea Carbon Industry Convergence Technology Institute (Technology Institute) located in Jeonju, Jeollabuk-do, as the Korea Carbon Industry Promotion Agency (Promotion Agency).

The Ministry of Trade, Industry and Energy held the 3rd meeting of the 'Promotion Agency Operation Preparation Committee' at 8 a.m. on the 3rd at the Sheraton Palace Hotel in Seoul, chaired by Kang Kyung-sung, Director of Industrial Policy Office, to finalize the evaluation results for the designation of the Promotion Agency and the future schedule.

At the 1st meeting on June 19, the committee was launched and the future direction was set. During the 2nd written meeting held from September 26 to the 5th of last month, all evaluation-related matters were determined.

At the 3rd meeting held that day, the committee decided to designate the Technology Institute as the Promotion Agency based on the evaluation results in which the Technology Institute took the lead, pursuant to the "Act on Development and Support for Carbon Material Convergence Technology".

Going forward, the committee plans to work closely with the institution scheduled to be designated as the Promotion Agency to carry out all necessary preparations aiming for the opening and commencement of operations in March next year.

The committee formed a five-member evaluation subcommittee to assess the Technology Institute and the Yeongcheon Gyeongbuk Hybrid Parts Research Institute.

Through preliminary inspections, document reviews, and face-to-face evaluations, a comprehensive assessment was conducted focusing on the applicant institutions' capabilities and future vision.

Director Kang said, "The establishment of the Promotion Agency will be an opportunity for the domestic carbon material industry to take a leap forward," and urged, "Please ensure thoroughness in the future operational preparation procedures so that the Promotion Agency can start operations in a timely manner."

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