Government Boosts Smart Green Industrial Complex... Minister of Industry Calls Changwon a Symbol of Korea New Deal

Smart Green Industrial Complex No.1... Ministry of Industry Holds Groundbreaking Ceremony for 'Changwon Smart Manufacturing Demo Factory'

Minister Sung Yun-mo of the Ministry of Trade, Industry and Energy presenting the implementation strategy at the Smart Green Industrial Complex briefing held at Taerim Industry in Changwon, Gyeongsangnam-do on the afternoon of September 17. (Image source=Yonhap News)

[Asia Economy Reporter Moon Chaeseok] "Changwon is becoming a leading region for the Smart Green Industrial Complex and a symbol of the Korean New Deal. We hope that Changwon Industrial Complex will continue to play an active role as the 'vanguard' of the smart green complexes pioneering the future of our economy."

Seong Yun-mo, Minister of Trade, Industry and Energy, said this ahead of the groundbreaking ceremony for the 'Changwon Smart Green Industrial Complex Smart Manufacturing Demo Factory' to be held at 11 a.m. on the 20th at the Changwon Agricultural Technology Center.

As the government launches the Smart Industrial Complex project, one of the Korean New Deal initiatives, it has decided to start in Changwon. The Ministry of Trade, Industry and Energy described the 'Smart Manufacturing Demo Factory Groundbreaking Ceremony' as "the first event signaling the full-scale launch of the Smart Green Industrial Complex project."

About 50 officials, including Minister Seong, Kim Kyung-soo, Governor of Gyeongsangnam-do, Heo Seong-moo, Mayor of Changwon, Kim Ha-yong, Chairman of the Gyeongnam Provincial Council, Lee Chi-woo, Chairman of the Changwon City Council, Kim Jeong-hwan, Chairman of the Korea Industrial Complex Corporation, and Kim Young-sam, President of the Korea Electronics Technology Institute, will attend the ceremony.

Launching the Smart Green Industrial Complex... 'No. 1' is Changwon

In July, the government selected the 'Smart Green Industrial Complex' as one of the ten major tasks of the Korean New Deal.

In September, President Moon Jae-in personally visited the Changwon Industrial Complex and announced the 'Smart Green Industrial Complex Implementation Strategy.' Through this strategy, the number of smart green industrial complexes will increase from seven this year to 15 by 2025.

Last month, participating organizations gathered at the Banwol Industrial Complex to hold a 'Joint Declaration Ceremony for Solidarity and Cooperation.'

The Changwon Smart Manufacturing Demo Factory project is led by the Korea Electronics Technology Institute. It is a three-year project from last year to next year with a budget of 35 billion KRW to build the factory. The factory will consist of two buildings. The 'Demo Building' is scheduled to be completed early next year, and the 'Test Building' by the end of next year.

"Demo Factory to Grow as an Open Testbed"

President Moon Jae-in speaking at the Smart Green Industrial Complex Report Meeting held at Taerim Industry in Changwon-si, Gyeongsangnam-do on the afternoon of September 17. (Image source=Yonhap News)

The Smart Manufacturing Demo Factory is one of the ten major projects of the Smart Green Industrial Complex. It is an 'open testbed' incorporating advanced information and communication technologies (ICT) such as data, artificial intelligence (AI), and digital twin. It is expected to contribute to improving corporate productivity and advancing key industries.

The demo factory in the Changwon Industrial Complex will establish digital twin-based manufacturing facilities related to the main industries of machinery, aerospace, and defense, and develop parts and equipment evaluation systems to promote the smartization of companies and the entire industrial complex.

An official from the Ministry of Trade, Industry and Energy stated, "We plan to support step-by-step and level-based education programs to train smart manufacturing experts and strengthen the digital transformation capabilities of the Gyeongnam region, including the Changwon Industrial Complex."

Changwon, a Core City for Hydrogen and Gas Turbine Localization... A Regional New Deal Catalyst

President Moon Jae-in visited Doosan Heavy Industries in Changwon, Gyeongsangnam-do, a Green New Deal site, on the afternoon of September 17th, signing a gas turbine blade at the high-temperature parts factory for gas turbines. (Image source=Yonhap News)

The government designated Changwon as the first Smart Green Industrial Complex because it is a key renewable energy city with concentrated hydrogen and gas turbine localization industrial facilities.

Doosan Heavy Industries & Construction, which plays a significant role in gas turbine localization, has its headquarters in Changwon. Korea Gas Corporation selected Changwon City along with Gwangju Metropolitan City as a 'hub-type hydrogen production base' in May. In June last year, the country’s first official hydrogen bus route was launched here.

This means Changwon is one of the few cities capable of handling the Smart Green Industrial Complex, renewable energy transition, and regional New Deal initiatives all at once.

Minister Seong Yun-mo evaluated in his congratulatory speech, "The groundbreaking ceremony is a significant starting point for the Smart Green Industrial Complex. Changwon is becoming a leading region and a symbol of the Korean New Deal."

Minister Seong added, "To ensure the success of the project, much interest and effort from public and private related organizations are needed. In particular, we hope that Changwon Industrial Complex will continue to play an active role as the 'vanguard' of the smart green complexes pioneering the future of our economy."

An official from the Ministry of Trade, Industry and Energy said, "The ministry will continue to accelerate related projects such as digital transformation of industrial complexes, low-carbon and high-efficiency energy innovation, and eco-friendliness to promote the Smart Green Industrial Complex."

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