Pohang Aging Steel Industrial Complex Smoothly Transitions to Digital, Eco-friendly, and Safe Industrial Complex

On the 16th, Pohang City announced that the ‘Pohang Industrial Complex Grand Renovation Project,’ which was selected as a priority project in last year’s government industrial complex grand renovation contest, is successfully underway.

Pohang Steel Industrial Complex.

The Pohang Steel Industrial Complex, a national core economic hub and the foundation of the regional economy, has faced aging steel and component material industries and insufficient infrastructure after several decades since its establishment, alongside demands for carbon neutrality in response to global warming.

Additionally, as nationwide attention and importance regarding major disasters and safety within industrial complexes have increased, urgent measures are needed for decarbonization, low-carbon transition, digitalization, and safety assurance.

Accordingly, Pohang City is striving to respond to the rapidly changing industrial environment through the industrial complex grand renovation project, focusing on transitioning the aging complex into a ‘low-carbon’ complex, ensuring safety, and securing sustainability for regional economic revitalization.

The city plans to make every effort to enable the aging industrial complex to grow into a hub for regional industrial innovation, job creation, and a safe industrial complex.

Since last year, Pohang City has been promoting eight detailed projects, including aging industrial complex regeneration, strengthening industrial complex infrastructure, and establishing an integrated control center, starting this year to revitalize the steel industry and the aging steel industrial complex damaged by Typhoon Hinnamnor and the decline of the steel industry.

To this end, the city is collaborating with related organizations such as Gyeongbuk Province, Gyeongju City, Yeongcheon City’s adjacent linked industrial complexes, the Korea Industrial Complex Corporation, and R&D research institutes to identify difficulties in the steel industry, discover new businesses suited to the demands of the aging steel industry, and advance innovation in the steel industrial complex through continuous proposals for national funding projects.

Moreover, as concerns about the safety of production facilities have grown nationwide due to the continuous occurrence of major disasters within industrial complexes, efforts to ensure industrial complex safety will continue. The city plans to do its utmost to secure safety in the industrial complex by establishing safety management systems, including the application of digital technologies.

Mayor Lee Kang-deok stated, “We are striving for a grand transformation of the Pohang steel industrial complex into a decarbonized, smart, and digital complex with safety as a priority,” adding, “We will build a system that can develop together with linked industrial complexes as a hub for steel industry development and work closely with related and innovation organizations to successfully promote the industrial complex grand renovation project.”

As part of the first-year (2023) selected projects for the industrial complex grand renovation, the city secured 97.5 billion KRW in national funding for projects such as building a smart logistics platform, establishing an energy platform, and training advanced manufacturing personnel, and is promoting eight projects totaling 150.7 billion KRW.

Based on this, the city plans to do its best to transform the steel industrial complex, which has been losing vitality due to aging facilities, into an innovative and dynamic world-class industrial space where companies can grow and citizens want to visit and stay.

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