Assemblyman Bae Jin-seok Appointed Chairman of Gyeongbuk Provincial Assembly Special Committee for Hosting APEC Summit in Gyeongju

Vice Chairman Park Chang-wook Elected

Amid growing nationwide interest in Gyeongju's bid to host the ‘2025 Asia-Pacific Economic Cooperation (APEC) Summit,’ the Gyeongbuk Provincial Council announced on the 22nd that it has formed a ‘Special Committee for Hosting the APEC Summit in Gyeongbuk,’ electing Assemblyman Bae Jin-seok (People Power Party·Gyeongju) as chairman and Assemblyman Park Chang-wook (People Power Party·Bonghwa) as vice chairman.

The special committee was formed to support activities aimed at securing the APEC Summit in Gyeongju. It was reviewed and approved by the Gyeongbuk Provincial Council’s Steering Committee on the 6th, and on the 21st, it was organized with nine members, including the chairman and vice chairman.

Special committee members of the Gyeongbuk Provincial Council supporting the hosting of the APEC Summit in Gyeongju are shouting "Fighting."

Chairman Bae Jin-seok is a three-term assemblyman from Gyeongju, affiliated with the Education Committee, and previously served as the Chair of the Planning and Economic Committee in the latter half of the 11th Gyeongbuk Provincial Council.

In his opening remarks, Chairman Bae stated, “Through supporting activities such as participating in campaigns to attract the APEC Summit targeting domestic and international regions, we will do our utmost to ensure that Gyeongju, Gyeongbuk, is selected as the host city for the 2025 APEC Summit, and we will take the lead in providing policy support.”

Assemblyman Park Chang-wook, appointed as vice chairman, said, “I will heed the valuable opinions of the chairman and fellow assembly members to ensure the smooth operation of the special committee.”

The APEC Summit is a meeting where leaders from 21 member economies in the Asia-Pacific region gather to freely exchange views on regional issues and visions. At the meeting held in Manila, Philippines, in November 2015, South Korea was confirmed as the host for 2025, and in July 2021, Gyeongju City, Gyeongsangbuk-do, officially launched its bid. It is currently competing fiercely with Incheon City, Jeju Special Self-Governing Province, and Busan City.

The host city for the 2025 APEC Summit is scheduled to be decided in the first half of next year. If Gyeongju succeeds in its bid, it is expected to generate an economic ripple effect of 972 billion KRW in production inducement and 465.4 billion KRW in added value within Gyeongbuk Province.

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