Chairman Kim Hak-do Explores 6th Industry Development Plans with Hamyang Local Companies

On-site Meeting with Hamyang Agricultural Corporation Hamiang in Gyeongnam

On the 6th, at the on-site meeting held in Hamyang, Director Kim Hak-do is speaking.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 6th that it held an on-site meeting with small and medium venture companies engaged in rural convergence industries at Hamiang Agricultural Corporation (CEO Lee Sang-in) located in Hamyang, Gyeongnam.

At the meeting, six representatives of companies engaged in rural convergence industries located in the Hamyang area attended, including Chairman Kim Hak-do, Lee Sang-in, CEO of Hamiang Agricultural Corporation, and Baek Seung-han, CEO of K&Bio Agricultural Corporation. These companies produce products such as tea, juice, and fruit syrup using local agricultural products from Hamyang, including balloon flower root, ginger, wild ginseng, and pear, which are sold both online and offline.

The rural convergence industry is a sixth industry sector that combines cultivation, manufacturing and processing, distribution, and services of agricultural products. It has the advantage of increasing the income of local farmers while providing consumers with high-quality food.

The participants of the meeting expressed difficulties such as limitations in securing young and middle-aged workforce due to the characteristics of rural areas, challenges in establishing stable sales networks, and lack of information. They also requested SBC’s attention and support, which holds various policy tools, for the development of the rural convergence industry and revitalization of the local economy.

Chairman Kim Hak-do said, "For the development of the sixth industry, organic cooperation with local governments, universities, research institutes, and others who understand the characteristics of each region well will be necessary," adding, "SBC will expand cooperation among related organizations and policy-linked support so that the rural convergence industry can continue to grow."

After the meeting, Chairman Kim visited the site of Hamiang Agricultural Corporation. Hamiang is a local company that sells agricultural processed products made from wild mountain grape, such as wild mountain grape juice and wine. In addition to product manufacturing, it is attracting attention as a successful case of the rural convergence industry by creating additional revenue through experience and tourism programs linked with local scenery, such as a wine cafe and wine tunnel.

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