Gyeongnam Province to Foster Core Strategic Industries in Preparation for the 4th Industrial Revolution

Interim Report Meeting on the Establishment of the Comprehensive Plan for Fostering Strategic Industries in Gyeongnam Province.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] On the 13th, Gyeongnam Province held an interim report meeting for the establishment of the 'Comprehensive Plan for Strategic Industry Development (2021-2025)' to check the progress.

About 20 people attended the meeting, including Governor Kim Kyung-soo, Kim Sun-bae, Director of the National Balanced Development Research Center at the Korea Institute for Industrial Economics and Trade, and expert advisory committee members.

The Comprehensive Plan for Strategic Industry Development is the first five-year mid- to long-term plan established since the enactment of the 'Ordinance on the Promotion of Strategic Industries in Gyeongnam' in December 2014.

It aims to derive an industrial structure reform plan that integrates government policies such as the Korean New Deal, the Gyeongnam-type New Deal, and the Southeast region development strategy to prepare for the Fourth Industrial Revolution and the post-COVID-19 era.

The project is being jointly conducted by Gyeongnam Technopark and the Korea Institute for Industrial Economics and Trade. The project is scheduled to be completed by the end of this year and reported to the provincial council early next year.

The plan mainly includes diagnosis and prescriptions for changes in the industrial economic structure of the Gyeongnam region, industrial structure reform strategies and selection of strategic industries, vision and strategies for regional industrial innovation and development, strategic industry promotion strategies, and plans to establish public-private cooperation systems.

The Korea Institute for Industrial Economics and Trade announced the selection of 10 core strategic industries that can strengthen the industrial ecosystem capabilities of Gyeongnam and secure future growth engines.

These include eco-friendly smart shipbuilding industry, advanced aircraft parts industry, future automobile parts industry, green energy industry, smart medical parts and bio industry, parts and materials industry, intelligent machinery industry, nano convergence, intelligent robot industry, and ICT convergence unit industry.

As key strategic industries of the New Deal, the green New Deal sector selected the eco-friendly future mobility industry and green energy industry (offshore wind power and hydrogen), the digital New Deal sector selected the biohealth industry, and the digital green convergence New Deal sector selected the smart green industrial complex.

The Korea Institute for Industrial Economics and Trade also announced that it is conducting an analysis of the industrial structures of Gyeongnam, Busan, and Ulsan to find industrial groups that will lead the co-growth of the Southeast region.

Governor Kim Kyung-soo said, “This research is a plan to create future food sources for Gyeongnam 10 to 20 years from now,” and added, “Please study ways to help promote strategic industries centered on regional anchor companies based on successful domestic and international industrial promotion cases.”

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