Changwon City to Sign Defense Industry Agreement with Geelong City, Australia Next Month
Hanwha Defense Hosts Industry Day Event
Supporting Local Companies and Collaborating on Global Defense Industry Cities
Changwon City, Gyeongnam, will attend the Industry Day event to establish a defense industry cooperation system with Australia.
View original image[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Changwon City in Gyeongnam attended the ‘Industry Day’ event hosted by Hanwha Defense and signed an industrial cooperation agreement with Australia.
The event began with welcome speeches by Son Jae-il, CEO of Hanwha Defense, and Ryu Hyo-jong, Director of Changwon City Smart Innovation Industry Bureau, followed by presentations on Korea-Australia cooperation cases by the Australian delegation from ANCA, HiFraser, Elphinstone, and Penske, and group discussions with Hanwha, Australian partner companies, and domestic partners such as STX Engine, SNT Heavy Industries, and Motrol.
The defense industry cooperation system is considered one of the detailed tasks of the defense industry transformation plan announced by Changwon City in early March.
It is a project to establish a cooperation system among representative defense industry cities of Australia, the United States, and the United Kingdom, three countries belonging to the Five Eyes military alliance, as well as global defense industry cities.
The city plans to solidify the cooperation system across industries including defense industry, hydrogen industry, cultural exchange, and human exchange by signing a sister city agreement with Geelong City, Australia, scheduled for next month.
CEO Son Jae-il said, “Hanwha Defense will do its best to further strengthen the partnership with Australia to contribute not only to enhancing Australia’s military power but also to revitalizing Australia’s defense industry.”
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Ryu Hyo-jong, Director of the Smart Innovation Industry Bureau, said, “I am pleased to take the first step of the Changwon Special City defense industry transformation plan announced last month together with Australia,” and added, “We will actively support companies on the front line of K-defense by establishing a defense industry cooperation system with major defense industry cities worldwide.”
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