Mokpo City Holds Meeting with Companies Regarding Establishment of Coast Guard Western Maintenance Facility

Heosado Project Aiming for Completion in 2024... Business Briefing and Suggestions Hearing

[Asia Economy Honam Reporting Headquarters Reporter Jeong Seunghyun] Mokpo City, Jeollanam-do, held a meeting with shipbuilding and equipment companies on the 27th regarding the establishment of the Mokpo Coast Guard Western Maintenance Facility (hereinafter referred to as the Maintenance Facility).

On the 28th, the city announced that the Maintenance Facility is being established on Heosado Island in the Mokpo New Port, with completion targeted for 2024.

Once the Maintenance Facility is operational, it is expected that outsourced repair services and equipment supply in the region will increase. The city organized this meeting to gather consensus, hoping it will serve as a stepping stone for the revival of the stagnant shipbuilding and equipment industry.

The city held a communication session with Coast Guard officials to explain the Maintenance Facility project and to listen to companies' questions and suggestions.

A city official stated, “We will continuously listen to the opinions and proposals of related companies to reflect them in the Coast Guard Maintenance Facility project. In preparation for expanding the ship repair business, we will jointly promote a ship repair development plan with Jeollanam-do to foster the growth of shipbuilding and equipment companies.”

With the establishment of the Mokpo Coast Guard Maintenance Facility, it is expected to create employment for approximately 250 people involved in maintenance and administrative support tasks, generate an annual economic ripple effect of 41.2 billion KRW through material supply and outsourced repairs, and create a floating population of about 84,000 people annually, thereby contributing to the revitalization of the local economy.

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