Pohang City Accelerates Infrastructure Development for Blue Valley National Industrial Complex ... Stakeholders Convene

Discussion on Infrastructure Development Plans for Blue Valley National Industrial Complex

Pohang City is recently focusing its administrative efforts to quickly respond to corporate attraction and infrastructure demands as large-scale investments by secondary battery companies are being made in the Pohang Blue Valley National Industrial Complex, and investment inquiries are rapidly increasing.

On the 7th, Pohang City held a meeting on infrastructure development measures for the Pohang Blue Valley National Industrial Complex in the city hall's medium conference room.

On the 7th, the city held a meeting on infrastructure construction measures for the Pohang Blue Valley National Industrial Complex, chaired by Kwon Hyuk-won, Director of the Job and Economy Bureau, with representatives from nine related organizations and departments.

The meeting was attended by representatives from Korea Electric Power Corporation, Korea Industrial Complex Corporation, Korea Water Resources Corporation, Korea Land and Housing Corporation, and relevant departments of Pohang City. They shared current issues such as the status of the Blue Valley National Industrial Complex development, changes in the industrial complex plan, power and industrial water supply, and wastewater treatment, and discussed infrastructure construction plans among the agencies.

Director Kwon Hyuk-won of the Economic Bureau stated, “As the battery industry rapidly develops, large-scale investments and investment inquiries from secondary battery companies are surging in the Blue Valley National Industrial Complex,” and urged, “Let us all work together with related organizations and departments to do our best to supply infrastructure that meets the demands of secondary battery companies as early as possible.”

Pohang City and Gyeongbuk Province led investments in the Pohang Blue Valley National Industrial Complex by signing investment agreements in May with POSCO Future M and China Zhejiang Huayou Cobalt worth 1.2 trillion KRW (nickel refining and precursor), and POSCO Future M worth 500 billion KRW (anode materials), respectively.

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