Gwangyang Economic Zone Authority Holds Meeting with Expert Group in New Industry Sector

Discussion on Investment Attraction in Hydrogen, Tourism & Leisure, and Data Industry

[Asia Economy Honam Reporting Headquarters Reporter Heo Seonsik] The Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sangrak, hereinafter GFEZ Authority) announced that it held an "Expert Group Meeting for the Revitalization of New Industry Sectors in GFEZ" on February 16 at the ITX4 conference room in Yongsan Station, Seoul.

The expert group for new industry sectors in the Gwangyang Bay Area has appointed 13 experts since last year in fields such as tourism and leisure, hydrogen industry, and data sectors to provide advice on GFEZ development plans and investment attraction activation.

[Photo by Gwangyang Economic Promotion Agency]

They hold more than four meetings annually and continuously activate their strategic advisory functions.

This meeting involved listening to expert opinions and engaging in lively discussions on domestic and international policy trends by industry, changes in the global investment landscape, the composition of South Coast marine tourism content utilizing directional and geographical advantages, building a future-oriented innovative industrial ecosystem as a hydrogen industry cluster, and related industries linked to the establishment of local data centers.

The experts attending the meeting predicted that the economy would gradually show a moderate recovery in the second half of this year, and that companies’ movements to seek investment destinations would become more active.

They advised that proactive investment attraction efforts should be made, such as creating customized industrial complexes equipped with new industry infrastructure in the Gwangyang Bay Area.

A GFEZ Authority official stated, “We ask for much support in attracting investments in tourism and leisure, hydrogen industry, and data sectors, and we will actively provide one-stop administration for companies investing in our region.”

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