On-site Meeting Held to Ensure the Success of the 'Busan Global Innovation Special Zone' Development

April 14, 4:30 PM at Korea Maritime University, attended by about 10 including Minister of SMEs and Startups and Mayor of Busan

Successful development and early achievement, discussing cooperation plans and hearing voices of marine mobility compani

On the 14th at 4:30 PM, Busan City will hold an on-site meeting titled 'On-site Meeting for the Successful Establishment of the Busan Global Innovation Zone' at Korea Maritime and Ocean University in collaboration with the Ministry of SMEs and Startups.

This meeting is an opportunity to hear the voices of local SMEs and marine mobility companies following the city's selection as a 'Next-Generation Marine Mobility' Global Innovation Zone at the end of last year, aiming for the successful establishment of the zone and early achievement of results.

The Ministry of SMEs and Startups conducted a designation contest for 'Global Innovation Zones' targeting metropolitan local governments outside the Seoul metropolitan area (excluding Seoul, Gyeonggi, and Incheon) last year, selecting four locations including Busan as Global Innovation Zones.

The Global Innovation Zones are areas where a new regulatory innovation and support system is applied, including a negative regulation approach that permits all activities except those prohibited or restricted by relevant laws.

Following the zone designation, the city plans to promote ▲comprehensive negative regulation implementation ▲support for demonstration and certification beyond borders and spaces ▲support packages for global expansion and scale-up ▲establishment of a one-stop support system for infrastructure construction, demonstration, certification, and commercialization to foster the next-generation marine mobility industry.

The four Global Innovation Zones are Busan (Next-Generation Marine Mobility), Gangwon (Healthcare Data), Chungbuk (Advanced Regenerative Bio), and Jeonnam (Energy New Industry).

Attending the meeting will be Mayor Park, Minister Oh Young-joo of the Ministry of SMEs and Startups, President Ryu Dong-geun of Korea Maritime and Ocean University, heads of related organizations such as Korean Register and Korea Shipbuilding & Offshore Engineering Research Institute, and representatives of marine mobility companies, totaling about 10 people.

The participating companies include ▲HD Korea Shipbuilding & Offshore Engineering ▲EcoPro HN ▲PanAsia ▲JMP Networks ▲Oriental Precision ▲MS Gas ▲MS ENG, seven companies in total, expected to engage in in-depth discussions on cooperation plans for the successful promotion of the 'Busan Global Innovation Zone' from various perspectives.

The city explained that large, medium, and small enterprises all attend this meeting, indicating high expectations from companies regarding the zone.

At the meeting, participating companies will convey to the city and the Ministry of SMEs and Startups the on-site difficulties and suggestions companies face due to regulations during technology development, domestic demonstration, and certification processes for applying new technologies to ships.

In particular, to foster the emergence of unicorn companies in the eco-friendly ship sector, continuous government interest and financial support are necessary. Since ammonia cracking demonstrations are difficult domestically due to regulations, they will request improvements to enable domestic demonstrations through this Global Innovation Zone.

Ammonia cracking is a technology that decomposes ammonia at high temperatures to obtain hydrogen.

The city and the Ministry of SMEs and Startups plan to immediately reflect tasks that can be implemented from the difficulties and suggestions presented on the day into the zone plan and system operation, and to promptly resolve tasks requiring further review through consultations with related ministries.

Busan Global Innovation Zone (Next-Generation Marine Mobility) Promotion Plan.

Minister Oh Young-joo stated, “To establish the Global Innovation Zone system, we will steadily promote ▲application of comprehensive negative regulations and introduction of a rapid temporary permit system ▲risk and performance management through governance operation among government, local governments, and the private sector ▲support for international cooperation, overseas demonstration, and joint research and development (R&D) based on solidarity and cooperation.”

Before the meeting, Minister Oh plans to tour major research facilities at Korea Maritime and Ocean University, including the Eco-friendly Ship Technology Demonstration Center.

Mayor Park Hyung-jun said, “Countries around the world are now fighting for survival to respond to the International Maritime Organization (IMO) ship environmental regulations and to take the lead in the autonomous ship market,” adding, “Through this meeting, we will listen to the opinions of companies on the ground and actively reflect them in the Busan Global Innovation Zone to attract direct investment from companies. Through this, we will proactively respond to the paradigm shift toward eco-friendly and smart ships and grow Busan into a global leading city in the next-generation marine mobility sector.” He continued, “The Busan Global Innovation Zone will also serve as a pillar in creating the 'Busan Global Hub City,' which establishes an international standard free market economic model.”

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