Marine Life Industry, Developing as a National Project for Future New Growth Engine

Joint Promotion by the Presidential Committee on Agriculture and Fisheries Future New Industry Special Committee

Agreement with KIOST to Explore Directions for Marine Bio Development

A national project promoting the marine bio industry as a future new growth engine is underway.

The Special Committee on Future New Industries of the Presidential Committee on Agriculture, Fisheries, and Rural Affairs (Chairman Jang Tae-pyeong), together with the Korea Institute of Ocean Science and Technology (KIOST, President Kang Do-hyung), announced on the 22nd that they signed a memorandum of understanding at KIOST's Busan headquarters for the "Sustainable Development of the Marine Bio Industry and Fostering Future New Industries."

This agreement was prepared to explore development directions so that the marine bio industry can establish itself as a new national growth engine. Additionally, it was promoted to bring together the country's top research institutions, industry experts, and stakeholders in the field to foster the sustainable development of the marine bio industry.

Through this memorandum of understanding, the two organizations plan to ▲ discuss policies for fostering and sustainably developing future new marine bio industries ▲ strengthen the development direction and information exchange of the marine bio industry.

The Future New Industry Special Committee of the Presidential Committee on Agriculture and Fisheries is signing a business agreement at KIOST on the 22nd.

At the joint seminar held after the signing ceremony, under the theme of "Future New Marine Bio Industry," presentations were given on ▲ future new industries utilizing seaweed meat (CEO Lee Hee-jae of Seaweed Co., Ltd.) ▲ future new industry plans of the Future New Industry Special Committee in marine bio (Senior Researcher Kang Seong-gyun of KIOST).

Following this, marine bio experts from various sectors participated and agreed to pool their capabilities with the government to create a breakthrough for growth, ensuring that the marine bio industry leads future new industries.

The Future New Industry Special Committee held an inauguration ceremony for its members on April 20th in the Agriculture and Fisheries Committee conference room and began its special committee work. The committee was newly launched to predict the future of life industries such as the bioindustry, which has great development potential in agriculture and fisheries, and to propose that the results be reflected in the basic directions of national policy.

Kang Do-hyung, President of KIOST, stated, "We will establish a foundation for the marine bio industry as a future new industry and prepare measures that can contribute to creating new jobs and revitalizing the economy."

Kim Seong-min, Chairman of the Future New Industry Special Committee of the Agriculture and Fisheries Committee, emphasized, "I hope to establish an organic cooperative relationship with the presidential special committee for the sustainable development of the future new marine bio industry sector."

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