Jungjingong Holds Meeting on Pohang Next-Generation Battery Recycling Regulatory Free Zone

Chairman Kim Hak-do Visits Pohang, Gyeongbuk for Meeting with SMEs, Pohang City, and Gyeongbuk TP

Kim Hak-do, Chairman, is speaking at the meeting on the Pohang Next-Generation Battery Recycling Regulatory Free Zone on the 15th.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 15th that it held a meeting with small and medium venture companies in the next-generation battery recycling sector at Pohang Technopark in Pohang City, Gyeongbuk Province. SBC prepared this meeting to listen to the difficulties of companies in the next-generation battery recycling sector and to seek policy support measures through collecting opinions, as part of the government's carbon neutrality policy to promote resource circulation.

The meeting was conducted in strict compliance with the government's COVID-19 prevention guidelines, including minimizing the number of attendees, wearing masks, and installing partitions. A total of 11 people attended the meeting, including Kim Hak-do, Chairman of SBC, Song Kyung-chang, Vice Mayor of Pohang City, Moon Young-baek, Director of Gyeongbuk Technopark (TP), as well as Park Jae-hong, CEO of PM Grow, and Lee Wan-hyung, CEO of Haedong Engineering.

Park Jae-hong, CEO of a company producing battery packs for electric buses, said, "Government policy support is urgently needed so that domestic companies can gain global competitiveness," adding, "It is necessary to prepare practical measures such as customized support considering the region and industry based on voices from the field." In response, Chairman Kim Hak-do said, "SBC will take the lead in supporting promising companies through on-site post-management and commercialization-linked support for Pohang regulatory free zone operators in cooperation with related organizations such as Pohang City and Gyeongbuk TP."

SBC was designated as the dedicated agency for the Ministry of SMEs and Startups' regulatory free zone in November last year. Accordingly, to provide one-stop support for the regulatory free zone, SBC established a Regional Industry Growth Division and expanded and reorganized a dedicated team within the regional headquarters to strengthen the support system. Based on this, SBC plans to collaborate with local governments and related organizations to support the successful commercialization of free zone operators.

Chairman Kim Hak-do said, "The resource recycling industry based on advanced technology is a promising business field with growth potential," and added, "SBC will lead the creation of policy outcomes through field-centered support so that companies in the Pohang next-generation battery recycling regulatory free zone can lead the global market."

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