'K-Bangsan' Leads to Revitalize Local Economy... Gumi-si Holds Defense Industry Development Council Meeting

Creating an Environment for Local Defense Industry Technology Development and Establishing a Foundation for Export Promotion

On the 10th, Gumi City held a Defense Industry Development Council meeting at the city hall, gathering civilians, industry, academia, research institutes, government, and military.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Gumi City in Gyeongbuk held the Gumi City Defense Industry Development Council to revitalize the local economy and foster the defense industry.

On the 10th, Gumi City gathered heads of 27 organizations from the civilian, industrial, academic, research, governmental, and military sectors, along with defense-related experts, to hold a regional defense industry development council.

At the meeting, participants engaged in free discussions including explanations of the current status of Gumi's defense industry promotion, plans for fostering the defense industry, the current state of the defense industry, and strategies for development.

Last November, Gyeongbuk Province, Gumi City, and the National Intelligence Service jointly signed an agreement to foster the defense industry and strengthen technology protection, promising to carry out technology protection activities together with the participating organizations of the Gumi City Defense Industry Development Council.

Additionally, through win-win cooperation among civilian, industrial, academic, research, governmental, and military sectors, Gumi and Gyeongbuk Province agreed to collaborate to create an environment for local defense technology development and establish a foundation for export activation.

Jang Se-yong, mayor of Gumi City, said, “The defense industry, which has recently emerged as a new growth engine for economic development, is expected to be a good solution for revitalizing the local economy.”

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