Fostering New Strategic Industries by Region... Launch of the 'Regional Industry Policy Research Association'
[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy announced on the 15th that it will launch the 'Regional Industry Policy Research Association,' a consultative body of local governments, industry, academia, and research institutes for fostering strategic industries by region.
The research association will include various experts such as the Ministry of Trade, Industry and Energy, local governments, Korea Institute for Advancement of Technology (KIAT), regional innovation organizations, leading companies, and strategic planning team PDs.
It is composed of three committees: the 'General Committee,' which proposes policies and decides on research association-related agendas; the 'Planning Committee,' which supports the derivation of regional strategic industries and project discovery; and the 'Industry-specific Council,' where representative companies including 2 to 3 key industries participate to share industry trends.
The research association plans to derive new regional industry development strategies to respond to changes in the industrial environment such as the post-COVID-19 era and regional balanced New Deal, and to discover demand-tailored projects.
Additionally, it will perform the function of an industry-specific network to actively reflect field voices, including suggestions related to regulations and difficulties within the region.
The first meeting of the regional General Committee will be held sequentially by June 11, starting today with the Southeast region (Busan·Gyeongnam), followed by the Daegyeong region, Chungcheong region, Honam region, Gangwon·Jeju region, and Ulsan.
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Kim Hyuncheol, Director of Regional Economic Policy at the Ministry of Trade, Industry and Energy, urged, "We ask local governments to actively cooperate so that the research association can play an important role in fostering regional industries and revitalizing the regional economy."
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