World-Class 'Future Automotive Parts Cluster' Development

Presenting 4 Major Strategies and 10 Key Tasks... Establishing an Eco-Friendly Vehicle Hub

Gwangju City Declares 'Gwangju-type Job Season 2' View original image

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Gwangju Metropolitan City has declared that it will actively promote the world-class ‘Future Automobile Parts Cluster Development Project’ centered on eco-friendly mobility as part of Gwangju-type Job Season 2.


On the 10th, Mayor Lee Yong-seop officially announced the promotion of Gwangju-type Job Season 2 through a non-face-to-face press conference held at the city hall briefing room.


Gwangju-type Job Season 2 aims to expand the successful case of the Gwangju-type Job project, a unique social integration-type labor-management win-win model led by local governments worldwide, into the eco-friendly automobile parts industry. This will establish the foundation for the next 100 years of South Korea’s automobile industry future and create high-quality jobs for young people to open a ‘bigger and stronger era of Gwangju.’


The Future Automobile Parts Cluster project will be established by investing a total of 7 trillion KRW by 2030 in the Bitgreen Industrial Complex and the future car specialized complex area.


The city envisions making Gwangju a mecca city for the eco-friendly automobile industry.


By attracting world-class future car parts factories, it will create a virtuous cycle of the local economy and youth employment, based on Gwangju Global Motors, the eco-friendly car parts cluster, and the parts certification center, linking development-production-certification-complete vehicles.


Furthermore, by involving local parts companies in the virtuous cycle of the future car parts industry, the city plans to nurture 100 local parts companies into future car parts manufacturers by 2030, accelerating the creation of a future car ecosystem.


To achieve these visions and goals, the city proposed four major promotion strategies: ▲Establishing leading future car infrastructure (Top-Area) ▲Labor-management co-prosperity future car transition (Co-Transfer) ▲Sustainable smart growth integrating AI and digital technology (Smart Advance) ▲Cultivating creative and convergent specialized personnel (Creative-People).


The ten key promotion tasks were finalized as follows: ▲Creating a specialized complex for future car transition infrastructure ▲Forming and operating a future car transition enterprise council ▲Attracting parts factories and transitioning to future car win-win ▲Operating a special financial support system for future car win-win transition ▲Designating regions for local industry crisis prevention and proactive response ▲Forming and operating a future car transition One-Stop support center ▲Consulting and customized support by future car parts category ▲Supporting ladder projects for 20 future car transitions ▲Supporting business restructuring and transition of local parts companies ▲Establishing a specialized R&D education center for future automobiles.


Meanwhile, on the same day, Gwangju City signed a business agreement for the first project of the world-class ‘Future Automobile Parts Cluster Development Project’ at the city hall business room with Epic Co., Ltd., an engineering specialized company founded by former researchers from Hyundai Motor Company’s R&D headquarters and Namyang Research Institute, and the Gwangju Green Car Promotion Agency (Foundation) to foster the future car industry.


The institutions agreed to jointly promote ▲Technical development support for Gwangju-area parts companies ▲Technical support for Gwangju local companies supplying complete vehicles ▲Joint use of Gwangju automobile-related infrastructure.


Additionally, through business agreements with eight institutions including the Korea Automotive Technology Institute, Korea Electronics Technology Institute, Korea Electronics and Telecommunications Research Institute, Korea Institute of Industrial Technology, Korea Photonics Technology Institute, Artificial Intelligence Industry Convergence Project Group, Gwangju Green Car Promotion Agency, and Gwangju Technopark, they pledged active cooperation for the success of Gwangju-type Job Season 2.



Mayor Lee said, “Through Gwangju-type Job Season 2, we will nurture our Gwangju into a global hub for the future automobile industry,” adding, “We will establish the foundation for the next 100 years of South Korea’s automobile industry future, create high-quality jobs for young people, and open a ‘bigger and stronger era of Gwangju’ beyond a just and prosperous Gwangju.”


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

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