Geochang County Council Member Pyo Ju-suk Demands Reconsideration of Corporate Attraction Strategy

Residents Do Not Feel the Efforts to Attract Businesses

Representative Pyo Ju-sook's 5-minute free speech appearance [Image source=Geochang County Council]

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Pyo Joo-sook, a member of the Geochang County Council (People Power Party, Geochang-eup), urged on the 10th during the 5-minute free speech at the plenary session to "reassess the strategy for effective corporate attraction in Geochang County."

Councilor Pyo stated, "I stood here shocked and envious after hearing through recent media reports that a company manufacturing electric buses is operating in our neighboring Hamyang County, and that the construction of the Coupang logistics center has been confirmed for this fall," and requested, "Please pursue corporate attraction that residents can tangibly feel."

He pointed out, "Currently, successful cases and achievements of corporate attraction are embarrassingly limited to companies established about 20 years ago, such as the Jonggatjip Kimchi Factory in 2002 and the Seoul Milk Geochang Plant in 2006, which are still considered the top priorities."

He cited examples such as Chungju City, where the headquarters and factory of Hyundai Elevator are being relocated, leading to successive relocations of partner companies following the anchor company, and the high corporate attraction satisfaction index in neighboring Hamyang County, suggesting that a new framework for fostering small and medium-sized and large enterprises attraction strategies is needed.

Councilor Pyo urged, "The executive branch should keep in mind that a specialized corporate attraction strategy unique to Geochang, which does not fall behind the changing industrial paradigm, can guarantee Geochang's future."

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