Jeonnam Province Gwangyang Economic Zone Authority Accelerates Attraction of Advanced Materials National Industrial Complex

Published 27 Apr.2023 16:16(KST)

Business Agreement between Jeonnam Province, Suncheon, Gwangyang, and Gwangyang Economic Zone Authority on the 27th

Jeollanam-do and the Gwangyang Bay Area Free Economic Zone Authority signed a business agreement on the 27th at the conference room of the Gwangyang Bay Area Free Economic Zone Authority to support mutual cooperation for attracting the Future Advanced Materials National Industrial Complex.

The signing ceremony was attended by Kim Young-rok, Governor of Jeollanam-do, Noh Kwan-gyu, Mayor of Suncheon, Jung In-hwa, Mayor of Gwangyang, and Song Sang-rak, Director of the Gwangyang Bay Area Free Economic Zone Authority.

From the left, Song Sang-rak, Director of Gwangyang Economic Promotion Agency; Noh Kwan-gyu, Mayor of Suncheon; Kim Young-rok, Governor of Jeollanam-do; Jeong In-hwa, Mayor of Gwangyang; Jang Chung-mo, President of Jeonnam Development Corporation.
Photo by Gwangyang Economic Promotion Agency

This agreement was established to attract the Future Advanced Materials National Industrial Complex to Suncheon and Gwangyang and to foster mutual cooperation for the development of future material industries such as secondary batteries, hydrogen, and carbon.

Through this agreement, each institution agreed to ▲ collaborate jointly for regional mutual development ▲ cooperate on tasks to create and revitalize the industrial ecosystem in the field of future advanced materials ▲ and unite in creating an atmosphere and foundation for cooperation to successfully attract the national industrial complex.

Jeollado and Suncheon-Gwangyang are currently facing a shortage of industrial sites in the Gwangyang Bay area, making the establishment of a new national industrial complex urgent. With high demand for industrial sites from new growth companies such as secondary batteries, the plan is to supply land in a timely manner, meet the demand of advanced companies, and secure technological sovereignty by focusing on fostering regionally specialized industries in the era of global technological hegemony competition.

Kim Young-rok, Governor of Jeollanam-do, said, “If the Future Advanced Materials National Industrial Complex is attracted, it will be a historic event for our region.” He added, “We will concentrate all administrative efforts on attracting the national industrial complex to secure new growth engines and create good jobs.”