Gwangyang Economic Zone Authority, Investment Attraction Capacity Building Training

by Heo Seonsik

Published 24 May.2023 15:15(KST)

Updated 15 Aug.2025 15:12(KST)

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The Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sang-rak, hereinafter GFEZ Authority) announced on the 24th that it conducted an investment attraction capacity-building training session inviting industry experts, attended by over 50 employees at Sono Calm Yeosu.

In his opening remarks, Jeong Chan-gyun, Head of the Investment Attraction Division, stated, “I hope this training will be a valuable opportunity to further enhance our abilities as investment attraction experts and strengthen communication among employees.”

[Photo by Gwangyang Economic Promotion Agency]

The training featured a lecture by Ban Gyun-ha, Team Leader at Lotte Chemical, on the topic “Lightweight Polymer Composites and Technology Trends for Automobiles.”

Lightweighting has long been a challenge in the automotive industry, and with the expansion of the electric vehicle market, the importance of lightweight technology has increased. The lecture provided an easy-to-understand explanation of recent technological trends such as carbon fiber.

The second lecture, titled “Cases of Foreign Companies Investing in Korea,” was delivered by Pyung Seok-gu, Advisor at Korea Solvay Co., Ltd.

He gave an engaging explanation of the status of FDI (Foreign Direct Investment) by country and in Korea, the FDI status in foreign-affiliated industrial sectors, and actual cases from Solvay Silica Korea.

Employees who attended the training said, “Through the Q&A session, we were able to resolve questions we had and had a meaningful time to deeply consider the development direction of the Gwangyang Bay Area.”

Commissioner Song Sang-rak stated, “For the Gwangyang Bay Area Free Economic Zone to be fostered as a hub for new industries, it is necessary for practitioners to share knowledge about industries that are changing faster and becoming more diverse.” He added, “We will continue to promote new training necessary to strengthen employees’ investment attraction capabilities.”

Meanwhile, last year, the GFEZ Authority held six capacity-building training sessions and workshops to attract investment in core strategic industries such as secondary batteries, e-mobility, and the data industry, and plans to continue these efforts in the second half of this year.