Establishment of an Advanced Metal Materials Industry Hub in Dangjin, Chungnam

[Asia Economy (Naepo) Reporter Jeong Il-woong] An advanced metal materials industry base is being established in Dangjin, Chungnam.

Chungnam Province announced on the 12th that it will build the 'Advanced Metal Materials Ultra-Precision Technology Support Center (hereinafter referred to as the Support Center)' within the Dangjin Seokmun Industrial Complex.

The metal materials industry focuses on producing intermediate materials by refining, casting, and forming raw materials such as steel, non-ferrous metals, powder metals, and rare metals, which are core base materials for various industries.

Previously, the province was selected in 2018 for the Ministry of Trade, Industry and Energy's regional industry hub institution support project and has been promoting the Support Center construction project with national funding since last year. The Support Center will be a two-story building with a total floor area of 2,310㎡ within the Dangjin Seokmun National Industrial Complex and is scheduled to be completed by July next year.

The center will be equipped with 18 types of ultra-precision processing, forming, prototype production, testing, analysis, and evaluation equipment to support the technology of local small and medium-sized metal materials companies. It will also provide spaces for research and development, corporate support, and professional workforce training.

The province plans to nurture more than 20 promising small and strong companies through this project while focusing on securing core technologies.

A provincial official said, “The metal materials industry has a significant ripple effect on upstream and downstream industries such as steel, automobiles, and construction,” adding, “With the establishment of the Support Center, the province will lead technological innovation for small and medium-sized metal materials companies and focus on supporting co-growth between large corporations and SMEs.”

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