Sandan Gong to Promote Four Major Innovations Including 'Digital and Low-Carbon Transition'

Chairman Sanghoon Lee Shows Commitment to Innovation at Meeting
"Industrial Complex Corporation Functions Must Also Evolve in Today's Environment"

The Korea Industrial Complex Corporation will promote digital and low-carbon transition, strengthen safety response, and drive organizational innovation.

Lee Sang-hoon, President of the Korea Industrial Complex Corporation, stated at a press briefing held on the 18th in Gwanghwamun, Seoul, “As the on-site implementing agency for national industrial complex projects and a specialized institution leading industrial complex innovation, we will focus our organizational capabilities on supporting the digital and low-carbon transition of industrial complexes and enterprises.” He added, “Next year, marking the 60th anniversary of the corporation’s founding, we plan to reorganize into a specialized organization leading industrial complex innovation.”

Sang-Hoon Lee, President of Korea Industrial Complex Corporation [Photo by Sandan Gong]

The first key innovation strategy is ‘digital innovation.’ President Lee emphasized, “We will provide digital transformation services that enterprises need, such as process improvement and product performance enhancement, by utilizing the established digital infrastructure. Today’s challenges faced by industrial complexes and enterprises?including productivity improvement, energy efficiency enhancement, workforce issues, industrial site safety, and work environment improvement?can all be effectively addressed through digital transformation.”

They plan to build an integrated system combining industrial complex and enterprise support data, which had been managed separately until now. Through this, they aim to provide various services that enterprises require, such as location, trends, startups, production, and logistics.

The second strategy is ‘energy innovation.’ President Lee explained, “Global standards and demands regarding environment and energy, such as carbon neutrality, ESG (Environmental, Social, and Governance), and the Carbon Border Adjustment Mechanism (CBAM), are increasing. As an on-site agency for industrial complexes, the Korea Industrial Complex Corporation will take on the role of supporting new solutions and resolutions for energy and environmental issues.”

Supporting projects such as the ‘carbon reduction industrial complex construction’ presented in the government’s ‘Comprehensive Industrial Complex Innovation Plan’ announced last year, they plan to discover new businesses that enhance low-carbonization and energy efficiency.

The third is ‘safety innovation.’ President Lee stated, “The importance of safety in industrial complexes, where various risk factors are latent, cannot be overstated. We will establish a safety management system based on digital technology to enable rapid response to various disasters and accidents within industrial complexes.”

They will strengthen industrial complex monitoring capabilities through government projects currently underway, such as integrated control centers and special safety construction for industrial complexes. Additionally, they will expand the ‘Industrial Complex Safety Service Design Project,’ which reduces risk factors by applying safety service design to industrial sites, and the ‘Mobile Safety Diagnosis Project,’ which provides safety diagnosis and solutions through the Industrial Safety MBTI diagnostic system.

Alongside this, organizational innovation at the Korea Industrial Complex Corporation, which will lead changes in industrial complexes, will also be pursued. A reorganization is planned by the end of the year. President Lee said, “While industrial complexes played a significant role in driving Korea’s economic growth in the past, the functions of the Korea Industrial Complex Corporation must also evolve to support the competitiveness of industrial complexes, enterprises, and the regions where these complexes are located in today’s changing industrial environment.”

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