Attracting and Supporting Secondary Battery Companies, Proposing Customized Industrial Complexes for Battery Firms

Sharing Issues and Discussing Improvement Plans for Large-Scale Investments at Blue Valley National Industrial Complex

Nam-il Kim, Vice Mayor of Pohang City, visited the headquarters of Korea Land and Housing Corporation (hereinafter LH) on the 9th and requested that the currently developing Pohang Blue Valley National Industrial Complex be improved into a customized industrial complex for secondary battery companies.

On the 9th, Kim Nam-il, Vice Mayor of Pohang City, met with Kwak Hwan-geon, Director of the LH Industrial Complex Division (across from Vice Mayor Kim Nam-il), to share the achievements and current issues of corporate investment attraction in the Blue Valley National Industrial Complex and discuss plans to develop the Blue Valley National Industrial Complex into a battery-specialized industrial complex.

On the 9th, Kim Nam-il, Vice Mayor of Pohang City, met with Kwak Hwan-geon, Director of the LH Industrial Complex Division (across from Vice Mayor Kim Nam-il), to share the achievements and current issues of corporate investment attraction in the Blue Valley National Industrial Complex and discuss plans to develop the Blue Valley National Industrial Complex into a battery-specialized industrial complex.

View original image

This request was made to promptly respond to the recent large-scale investments by secondary battery companies in the Blue Valley National Industrial Complex, including 1.2 trillion KRW from POSCO Future M and Zhejiang Huayou Cobalt, and 500 billion KRW from POSCO Future M.


On the day, Vice Mayor Nam-il Kim met with Hwan-geon Kwak, Head of LH Industrial Complex Division, to share the achievements and current issues regarding corporate investment attraction in the Blue Valley National Industrial Complex, and discussed plans to develop the Blue Valley National Industrial Complex into a battery-customized industrial complex to attract secondary battery companies, a core sector of new growth industries.


The development plans include expanding the types of resident industries through rapid changes to the Blue Valley National Industrial Complex plan, early provision of sites requested by companies and reduction of sale prices, additional supply of industrial water, and improvement of salt discharge water treatment methods.



Vice Mayor Nam-il Kim stated, “With LH’s active cooperation, large-scale investments by secondary battery companies have recently continued in the Blue Valley National Industrial Complex,” and added, “I hope LH will continue to actively cooperate to supply the utilities requested by companies at an early stage.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing