97% of Gyeonggi-do Industrial Complex Companies Are SMEs, "Urgent Need for Workforce Securing and Traffic Improvement"

Province, "Promotion of Specific and Actionable Specialization Strategies" Policy

Reference photo (4th National Railroad Network Construction Plan for the Seoul Metropolitan Area) [Ministry of Land, Infrastructure and Transport]

[Asia Economy Reporter La Young-chul] The majority of companies located in industrial complexes within Gyeonggi Province are small and medium-sized enterprises (SMEs), and they consider policy support for securing manpower and improving transportation conditions as the most urgent needs.

According to the province on the 12th, a "Final Report Meeting on the Gyeonggi Province Industrial Complex Status Survey Research Project" was held on the 8th at the Bio Center of the Gyeonggi Economic Science Promotion Agency to establish specialized strategies and policy directions for industrial complexes, where these findings were announced.

This status survey was conducted by the province commissioning Korea Enterprise Data Co., Ltd., from June 3 to September 8, targeting about 13,000 companies within general industrial complexes and urban high-tech industrial complexes in the province, using an on-site interviewer visit survey method.

The survey results confirmed that the current operating rate of companies in the province's general industrial complexes and urban high-tech industrial complexes is 68.2%. Out of a total of 13,628 resident companies, 9,054 are currently operating.

The scale of business entities in industrial complexes is dominated by "small and medium-sized enterprises" with total assets under 500 billion KRW, accounting for 97.1%. In contrast, mid-sized companies with total assets over 500 billion KRW and large companies with over 10 trillion KRW accounted for only 2.3% and 0.5%, respectively.

The total employment within the industrial complexes is 185,290 people, among whom domestic production workers make up the largest portion at 61.3%. This is followed by foreign production workers at 5.6%, research and development staff at 8.8%, and other management personnel at 24.3%.

Additionally, the ownership type of workplaces within the complexes shows that 63.7% are owner-occupied, while leased properties account for 36.3%.

Based on the results of this status survey, the province plans to promote projects together with the Gyeonggi Science and Economic Promotion Agency starting next month, including ▲ the establishment of a comprehensive industrial complex information system ▲ the formation of a CEO council and support for joint collaborative projects.

Song Eun-sil, head of the Industrial Policy Division, stated, "We plan to actively reflect the policy demand analysis results in provincial administration to pursue more concrete and feasible specialized strategies for industrial complexes."

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