Yeongam-gun, Pioneering New Market with Hydrogen Fuel Cell-Based Leisure Boats
Securing Core Technologies for New Growth Engines to Improve Industrial Structure of Daebul Industrial Complex
[Yeongam=Asia Economy Honam Reporting Headquarters Reporter Choi Jae-kyung] Yeongam-gun, Jeollanam-do is promoting a hydrogen fuel cell-based leisure vessel construction and demonstration project.
This project aims to invest a total of 4.8 billion KRW from provincial funds, county funds, and corporate contributions to improve the industrial structure of Daebul National Industrial Complex, secure core technologies for new growth engines, and strengthen industrial competitiveness by preoccupying new markets.
Research institutions such as Jeonnam Technopark, Korea Research Institute of Ships and Ocean Engineering, and Korea Productivity Center will participate and conduct research related to new growth engines.
Additionally, a company located in Daebul Industrial Complex, which holds numerous patents related to eco-friendly power such as electric propulsion systems for vessels and hydrogen fuel cell supply devices, will participate to carry out vessel construction and maritime demonstration.
A Yeongam-gun official stated, “By securing core technologies for new growth engines, we will create jobs in related industries and lay the foundation for strengthening the competitiveness of the industrial complex through improving the industrial structure of Daebul Industrial Complex, which is concentrated in shipbuilding.”
Meanwhile, Daebul National Industrial Complex is highly concentrated and specialized in the shipbuilding industry, with more than 70% of companies related to shipbuilding centered around Hyundai Samho Heavy Industries, but it has been greatly affected by international shipbuilding economic trends and issues.
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Furthermore, the International Maritime Organization announced strong environmental regulations to reduce greenhouse gas emissions from all vessels by at least 40% compared to 2008 levels by 2030, and by 50% by 2050, making diversification necessary to stabilize the industrial structure of Daebul Industrial Complex.
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