Mayor Lee Gang-deok, Pohang City-POSCO Win-Win Cooperation... "Let's Pioneer a New Future"

Celebration of the 50th Anniversary of Pohang Steelworks, Driving South Korea's Industrialization, with Citizens

Proposal to Open a Path of Coexistence through Genuine Agreement Implementation Including Practical Relocation of Holding Company to Po

At the 50th anniversary ceremony of the comprehensive completion of POSCO Pohang Steelworks, Lee Kang-deok, Mayor of Pohang, emphasized the need for POSCO to demonstrate the wisdom of coexistence by practically implementing the agreement with Pohang City to continue true mutual growth and co-prosperity.

On the 3rd, a commemorative ceremony for the 50th anniversary of the comprehensive completion of the first phase facilities at POSCO Pohang Steelworks was held at the POSCO headquarters auditorium in Pohang. Attendees included Choi Jeong-woo, Chairman of POSCO Group, Lee Cheol-woo, Governor of Gyeongbuk Province, and National Assembly members Kim Jeong-jae and Kim Byeong-wook.

On the 3rd, the 50th anniversary ceremony of the comprehensive completion of the first phase facilities of POSCO Pohang Steelworks was held at the POSCO headquarters auditorium in Pohang, attended by Choi Jeong-woo, Chairman of POSCO Group, Lee Cheol-woo, Governor of Gyeongbuk Province, and National Assembly members Kim Jeong-jae and Kim Byeong-wook.

At the ceremony, Mayor Lee Kang-deok, who is currently undergoing medical treatment, personally attended to celebrate the historic 50th anniversary of Pohang Steelworks.

At the meeting held prior to the main event, Mayor Lee expressed his gratitude for POSCO Group’s efforts to implement the coexistence agreement related to the decision to relocate the POSCO holding company headquarters to Pohang earlier this year and the establishment of the Future Technology Research Institute’s Pohang main campus. He emphasized, “However, the genuine and complete implementation of the agreement must be achieved so that the holding company headquarters and the research institute’s main campus can perform their practical functions and roles.”

He also requested joint discussions on active new investments in emerging industries such as secondary batteries for the mutual growth of Pohang and POSCO Group.

At this occasion, Mayor Lee stressed that in the current situation where local extinction is accelerating, companies must overcome this together with local residents, and requested a prompt visit by Chairman Choi to Pohang City Hall to discuss this matter.

In his congratulatory speech, the mayor said, “I sincerely congratulate the 50th anniversary of the comprehensive completion of the first phase facilities of POSCO Pohang Steelworks together with the 500,000 citizens of Pohang,” and added, “I thank all the executives and employees who are working hard on site even at this moment, and I hope POSCO will continue to grow into a beloved national company through new investments.”

He also emphasized, “We must never forget that there were Pohang citizens who willingly gave up their living spaces and endured dust and odors for the growth of POSCO, contributing to national development as POSCO rose to become a global national company.”

(From left) Yang Won-jun, Vice President of POSCO Holdings; Kim Hak-dong, Vice Chairman of POSCO; Lee Kang-deok, Mayor of Pohang; Choi Jeong-woo, Chairman of POSCO Group; Lee Cheol-woo, Governor of Gyeongbuk Province; Baek In-gyu, Chairman of Pohang City Council.

In his commemorative speech, Chairman Choi Jeong-woo conveyed the vision that “We will focus on becoming an eco-friendly company by promoting hydrogen reduction steelmaking, developing core hydrogen-related technologies, the secondary battery materials industry, and renewable energy businesses including LNG. We plan a total investment of 121 trillion won by 2030, of which 73 trillion won will be invested domestically, including Pohang, to strengthen eco-friendly low-carbon competitiveness.”

National Assembly member Kim Byeong-wook said, “As POSTECH is promoting a research-oriented medical school, if POSCO actively leads the establishment of a smart hospital, the establishment of the medical school will gain more momentum, so I request active consideration.” He also suggested, “Furthermore, if POSCO Holdings’ headquarters is newly built in the old downtown areas such as Haedo and Songdo-dong in Pohang, it will serve as a catalyst for revitalizing the city center.”

National Assembly member Kim Jeong-jae said, “I sincerely welcome the news of POSCO’s regional investment plans,” and added, “I hope more investments will be made in Pohang.”

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