Yoon Sung-kwan, Jinju City Council Member, Proposes Jinju Bioindustry Promotion and Support Ordinance Passed in Plenary Session

Assemblyman Yoon Sung-kwan is proposing the ordinance for fostering and supporting the Jinju Bioindustry. [Image source=Jinju City Council]

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The “Ordinance on the Promotion and Support of the Bioindustry in Jinju City,” aimed at establishing a foundation for the development of the bioindustry, a strategic industry in the Jinju region of Gyeongnam, and supporting the competitiveness of bio companies, passed the 2nd plenary session of the Jinju City Council on the 2nd.

The main contents include ▲support for the establishment of infrastructure to foster the bioindustry ▲preparation of multifaceted exchange policies linked with excellent domestic and international universities and research institutes ▲training of specialized personnel necessary for fostering the bioindustry ▲financial support to encourage bioindustry research and development ▲promotion of sales and export of products created by the bioindustry.

This ordinance was solely proposed by Jinju City Council member Yoon Seong-gwan, who has consistently held a deep interest in the bioindustry and has steadily promoted meetings and consultations with local bio companies to find ways to revitalize the industry.

It is known that the ordinance was proposed in response to the difficulties voiced by companies during consultations and to answer the long-standing and continuous demands from the field.

Council member Yoon Seong-gwan emphasized, “Jinju has accumulated considerable potential in infrastructure and talent for the bioindustry, and now is the time to provide generous support through more efficient fostering measures. Jinju City must do its best to support the development of future new growth engine industries.”

Meanwhile, with the enactment of this ordinance, the direction for the Jinju bioindustry has been clearly presented, and systematic support for the future strategic bioindustry is expected to be realized.

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