Jungjingong and Chungbuk Province Sign Business Agreement to Foster Secondary Battery Industry

Speeding Up the Development of Local Small and Medium Enterprises

The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 28th that it has signed a business agreement with Chungcheongbuk-do Province (Governor Kim Young-hwan) to foster the region's key industries and the secondary battery industry.

This agreement was promoted to intensively develop the region's key industries by combining various policy support measures centered on SBC's policy funds with the research and development (R&D) infrastructure and manufacturing base possessed by Chungcheongbuk-do, amid the recent rise of secondary batteries as a future strategic industry.

Kim Hak-do, Chairman of the Korea SMEs and Startups Agency (left), and Kim Young-hwan, Governor of Chungcheongbuk-do, are posing for a commemorative photo at the business agreement ceremony held at the Chungcheongbuk-do Provincial Office on the afternoon of the 28th.

With the expansion of facility investments in the Chungbuk region by large companies such as LG Energy Solution, the two organizations plan to closely cooperate to create an ecosystem for the secondary battery industry, including upstream and downstream industries, and to strengthen the competitiveness of local small and medium-sized ventures.

The main contents of the agreement include ▲ sharing information on industry and corporate trends ▲ cooperation in operating regional cooperation networks ▲ support for joint facility establishment and joint procurement of raw materials through collaboration and cooperation ▲ strengthening support for policy funds, exports, and globalization.

Kim Hak-do, Chairman of SBC, said, "This agreement is significant in that it establishes a cooperative foundation for the development of national advanced strategic industries such as secondary batteries and the innovative growth of local small businesses," adding, "We will actively utilize all of SBC's policy support capabilities, including policy funds, human resource development, startups, exports, and globalization."

This content was produced with the assistance of AI translation services.