Yangsan-si Holds Resident Briefing Session for Attracting 'K-Bio Lab Hub'

Yangsan City, Gyeongnam held a residents' briefing session to attract the 'K-Bio Lab Hub'. [Image source=Yangsan City]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Yangsan City, Gyeongnam Province, announced on the 1st that it held a resident briefing session for attracting the ‘K-Bio Lab Hub’.

The Lab Hub is a project to build infrastructure that provides comprehensive support in one space from new drug development to prototype production, benchmarking ‘LabCentral,’ a bio startup support institution in Boston, USA, which produced the famous pharmaceutical company ‘Moderna’.

The Lab Hub construction project, currently open for applications by the Ministry of SMEs and Startups, is a national project worth about 250 billion KRW. Applications from local governments wishing to attract the project are accepted until June 14, and one optimal candidate site will be selected in July. Gyeongnam Province and Yangsan City expressed their intention to attract the project by submitting a letter of intent on the 25th of last month.

This briefing session aims to collect opinions and build consensus among residents of Mulgeum-eup, Yangsan City, where the Busan National University Yangsan Campus site, submitted as a candidate site by Gyeongnam Province and Yangsan City, is located, and actively reflect these in the final submission of the project plan.

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