Gyeongnam Innovation City, Last Year’s Resident Registration Population Growth Rate Among the Nation’s Highest

Efforts to Expand Hiring by Establishing Collaboration Systems with Former Public Institutions and Universities

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do achieved remarkable results last year in population growth and attracting companies in Gyeongnam Innovation City.

According to the Ministry of Land, Infrastructure and Transport on the 25th, the resident registration population growth rate and the number of resident companies in Gyeongnam Innovation City ranked among the top nationwide innovation cities.

At the end of last year, the resident registration population of Gyeongnam Innovation City increased sharply by 25.3% from 240,869 in 2019 to 310,136, showing a steep rise in population growth rate compared to other innovation cities.

Gyeongsangnam-do is promoting the construction of a complex cultural library to expand the residential infrastructure in the innovation city.

A complex innovation center for childcare and corporate support also broke ground last October. In the first half of this year, a children's playground facility within Mulchoul Park is scheduled to be completed.

The number of resident companies is 491, ranking first among innovation cities nationwide, and it is the only city in the country to have completed 100% sale of land for the industry-academia cooperation district (cluster).

This year, to overcome the worsening business conditions caused by the COVID-19 pandemic and to enable early construction, support such as rent and interest subsidies and tax benefits will be provided.

On the other hand, the local talent employment rate in Gyeongnam Innovation City last year was 24.3%, which is below the national average of 28.6%.

Accordingly, to seek development directions related to local talent employment, visits and interviews with HR department heads of 10 relocated public institutions in Gyeongnam Innovation City are being conducted.

Next month, visits to universities in the province are planned to discuss ways to foster talent and increase employment rates.

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