"Invest in Gyeongju and Uljin with Nuclear Power Infrastructure" ... Kim Hak-hong, Gyeongbuk Deputy Governor, Holds Corporate Briefing in Seoul

Kim Hak-hong, Deputy Governor of Gyeongbuk Province, attended the new national industrial complex business briefing held at the Construction Hall in Gangnam-gu, Seoul on the 28th, promoting Gyeongju and Uljin as the optimal locations for the nuclear power industry, and encouraged the companies present to actively invest in Gyeongbuk.

Kim Hak-hong, Deputy Governor of Gyeongbuk Province.

The business briefing was hosted by the Ministry of Land, Infrastructure and Transport and the Korea Land and Housing Corporation to support local governments leading the development of advanced industries. Representatives from six candidate local governments, including Gyeongju and Uljin, and over 30 companies participated, covering four sectors such as nuclear power and hydrogen industries.

At the event, investment-related matters such as support strategies and locational advantages for each local government were actively promoted, and LH, the project implementer, explained the industrial complex development plans and corporate support measures.

On this day, Gyeongbuk signed investment business agreements (MOU) with six companies, focusing on rapid permits and infrastructure support, employment creation, and investment plans to revitalize the local economy. The companies that signed the agreements include Lotte Chemical, SK Ecoplant, GS Energy, GS Construction, Hyosung Heavy Industries, and BHI.

The Gyeongju SMR National Industrial Complex and Uljin Nuclear-Hydrogen National Industrial Complex already have sufficient related infrastructure in place and are making various efforts to support smooth corporate activities, such as improving living conditions for workers, creating corporate innovation clusters, and expanding logistics and transportation networks.

Kim Hak-hong, Deputy Governor of Gyeongbuk Province, stated, “To ensure the successful establishment of the new national industrial complexes, we will actively promote regulatory improvements that hinder corporate investment along with rapid permits, and provide administrative and financial support to create business-friendly national industrial complexes that become a new turning point for regional development through corporate relocation, including designation as special opportunity zones.”

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