Hong Nampyo, Changwon Special City Mayor, "Will Accelerate the Creation of New National Industrial Complex"

Attended Corporate Presentation in Seoul
Expressed Strong Will for Rapid Promotion by Attracting Large Anchor Companies

Hong Nampyo, Mayor of Changwon Special City in Gyeongnam, strongly expressed the city’s determination to swiftly promote the development of the industrial complex at a new national industrial complex business briefing held on the afternoon of the 28th at the Construction Hall in Gangnam-gu, Seoul.

Hong Nampyo, Mayor of Changwon Special City, Gyeongnam, attended the briefing session for new national industrial complex companies held at the Construction Hall in Gangnam-gu, Seoul.

The briefing, hosted by the Ministry of Land, Infrastructure and Transport and Korea Land and Housing Corporation (hereinafter LH), was attended by about 100 people including officials from the Ministry, LH, local governments, and companies. At this event, the city actively promoted the new national industrial complex project and support policies to the companies.

In particular, Changwon Special City explained its plan to establish a research convergence industrial complex specialized in the defense and nuclear sectors, leveraging its successful experience in operating national industrial complexes.

Mayor Hong emphasized, “Changwon Special City has successfully operated the Changwon National Industrial Complex, established in the 1970s, up to the present. Building on this, and drawing from its experience growing into the central city of South Korea’s defense and nuclear sectors, we will promote the creation of an advanced national industrial complex responsible for the next 50 years through the establishment of large-scale research and development facilities and the attraction of public institutions such as the Defense Parts Research Institute.”

Additionally, Mayor Hong introduced policies to support companies, including the establishment of transportation, railway, and logistics systems, improvement of residential conditions around the industrial complex, and investment support policies, while requesting active interest and investment from anchor companies.

Meanwhile, Changwon Special City submitted a plan last year in the government’s new national industrial complex development contest, focusing on the “establishment of a convergence industrial complex specialized in defense and nuclear production and research, which are the city’s main industries,” and was selected as a final candidate site in March this year. Currently, the city is concentrating on attracting anchor companies with the goal of passing the preliminary feasibility study in 2024.

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