Domestic Security Industry Proves Global Competitiveness... Opens Export Blueprint

'International Security Industry Expo' Promotes Export Contracts Worth 40.7 Billion KRW

National Police Agency Commissioner Kim Chang-ryong is attending the 'International Security Industry Expo' held on October 20 at Songdo Convensia in Incheon.
[Photo by National Police Agency]

[Asia Economy Reporter Lee Gwan-ju] The domestic security industry has proven its competitiveness on the international stage, opening up export prospects. With export contracts exceeding 40 billion KRW being pursued at the recently held International Security Industry Expo, future market expansion is anticipated.

According to the National Police Agency on the 4th, the '3rd International Security Industry Expo' held over three days from the 20th to the 22nd of last month at Songdo Convensia in Incheon was attended by 7,616 visitors. Thirty-three overseas buyers from 10 countries participated, conducting export consultations worth a total of 132.3 billion KRW with domestic security industry companies.

Among these, export contracts worth 40.7 billion KRW are actively being pursued. The LED electronic whistle developed by AP Safety Technology is planned to be exported to Colombia with 50,000 units. This electronic whistle, born from a police officer's idea, combines a whistle with a maximum sound intensity of 113 dB and an LED flashing light into one product. Road lighting equipped with directional signal display functions developed by Ginotech is being pursued for export to Chile, and Bangladesh has purchased samples of eavesdropping prevention devices.

This expo was held alongside the '2021 Seoul International Police Chiefs Conference,' the world's first international conference of top security officials since COVID-19. Police chiefs from 24 countries around the world directly attended the expo, aiding in the development of overseas markets. In the case of the electronic whistle, the Colombian National Police Chief inspected the product on-site and reportedly decided to pursue a contract. A National Police Agency official stated, "We increased the possibility of export contracts through customized consultations such as matching participating companies with interested companies and the excellent quality of products," adding, "We will continue efforts to promote the excellence of the domestic security industry and help companies expand their overseas markets."

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