Jungjinkong Partners with Korea Expressway Corporation to Foster Smart Logistics Hub Cities

Business Agreement for Successful Promotion of Smart Logistics Hub City Development Project in the Southern Region

On the 10th, at the business agreement ceremony between the Korea SMEs and Startups Agency and the Korea Expressway Corporation, Kim Hak-do, Chairman of the Korea SMEs and Startups Agency (right), and Kim Jin-sook, President of the Korea Expressway Corporation, are posing for a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 10th that it has signed a Memorandum of Understanding (MOU) with Korea Expressway Corporation (President Kim Jin-sook, hereinafter referred to as KEC) to successfully promote the 'Southern Region Smart Logistics Hub City Development Project.'

Last July, the government, in collaboration with related ministries, established the 'Public Institution-led Innovation City Revitalization Plan' and identified ten major collaborative tasks for each innovation city. KEC is currently promoting a project worth a total of 12.1 billion KRW to build and operate a smart logistics center and logistics technology testbed on a total area of 11,250㎡ in Gimcheon, Gyeongbuk. This project restricts participation to small and medium-sized enterprises to develop Korean-style logistics technology and promote regional industrial development. As a comprehensive support organization for small and medium ventures, SBC plans to provide multifaceted support to participating companies and contribute to the successful operation of the smart logistics hub city development project by linking it with the 'Regional Key Industry Growth Promotion Project,' a core task being pursued this year.

At the signing ceremony, both organizations agreed to actively cooperate on support for the Gimcheon smart logistics center operators and logistics technology testbed resident companies, as well as on mid- to long-term joint projects to establish Korean-style smart logistics technology. SBC will be responsible for ▲promoting the smart logistics project and recommending participating companies ▲prioritizing facility investment support for companies selected as logistics center operators ▲supporting commercialization for testbed resident companies. KEC will be responsible for ▲building the logistics center and logistics technology testbed ▲selecting and evaluating operators and resident companies.

Kim Hak-do, Chairman of SBC, said, "The smart logistics industry is attracting attention as a high value-added innovative industry combining manufacturing, services, and IT technology," adding, "SBC will strengthen continuous support such as funding, marketing, and workforce training for smart logistics SMEs through the MOU with KEC to contribute to regional industrial innovation."

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