Yeosu Gwangyang Port Authority Selects Priority Negotiation Candidate for Gwangyang Port Marine Industry Cluster Occupancy

Korea Transport Institute Selected as Preferred Negotiation Partner

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] Yeosu Gwangyang Port Authority (President Cha Min-sik) announced on the 12th that it has selected the Korea Transport Institute as the preferred negotiation partner for selecting the tenant institution for the Gwangyang Port Marine Industry Cluster.

The Gwangyang Port Marine Industry Cluster, which opened last December as the first marine industry cluster in Korea, provides dedicated research and development (R&D) testbed facilities supporting the aggregation and convergence of marine industries such as ▲marine logistics, ▲maritime transportation, ▲marine resources, ▲marine tourism, and ▲marine energy.

The Korea Transport Institute, selected as the preferred negotiation partner, is a government-funded research institute established to collect, investigate, analyze, and research and develop transportation policy technologies to contribute to the advancement of the transportation sector. It plans to move into the Marine Industry Cluster Pier and conduct demonstration R&D on the "Development of Export-Import Autonomous Vehicle Cargo Handling Support System" technology.

If the preferred negotiation partner is selected as the tenant institution after negotiations with the authority, they can sign a lease contract within 90 days and then begin full-scale research and development (R&D) at the Marine Industry Cluster Pier.

Kim Seon-jong, Vice President (Head of Operations Headquarters) of the authority, said, "Through the full-scale operation of the Marine Industry Cluster to revitalize shipping port logistics R&D, we expect to develop Gwangyang Port into a smart integrated port and enhance the competitiveness of the domestic shipping port industry."

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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