Suwon Mayor Lee Jae-jun Meets 'Entrepreneurs': "The Efforts We Made Together Are Bearing Fruit"

Meeting at Suwon Convention Center
Explanation of Advanced Industrial Complex Projects in Gwanggyo, Tapdong, and Ip Buk-dong

Lee Jae-jun, the mayor of Suwon, met with local business leaders to explain the Suwon Enterprise Saebit Fund and projects to establish high-tech industrial complexes in Gwanggyo, Tap-dong, and Ip-buk-dong.

On the 6th, Mayor Lee held a meeting with business leaders at the Suwon Convention Center and said, "The efforts we made together with business leaders are bearing fruit," adding, "The Suwon Enterprise Saebit Fund has surpassed 300 billion won in capital formation, and the ‘Small and Medium Enterprise Accompaniment Support’ program, which provides low-interest loans to SMEs, has also been launched."

He continued, "We are also promoting projects to establish high-tech industrial complexes in Gwanggyo, Tap-dong, and Ip-buk-dong," and urged, "I hope you will continue to join us in creating Suwon's future."

Suwon Mayor Lee Jae-jun is taking a commemorative photo after having a meeting with local businesspeople at the Suwon Convention Center on the 6th.

The Suwon Enterprise Saebit Fund is an investment fund designed to help startups, ventures, and small and medium-sized enterprises with excellent technology and growth potential but insufficient funds to grow. The current capital formation has exceeded 300 billion won, which is three times the target set a year ago. There is a commitment to invest at least 26.5 billion won in companies based in Suwon.

The Suwon R&D Science Park is an industrial complex being developed on a 352,600㎡ site at 484 Ip-buk-dong, Gwonseon-gu. In December last year, Suwon City signed a memorandum of understanding with Sungkyunkwan University to successfully promote the Suwon R&D Science Park project. Sungkyunkwan University owns 87% of the R&D Science Park site.

The Tap-dong Innovation Valley development project, promoted as a key development project by Suwon Urban Corporation, is an urban development project to create a complex business district centered on high-tech companies on a 268,800㎡ site in Tap-dong, Gwonseon-gu.

Meanwhile, the meeting was attended by business leaders including Jeon Jae-pung, Group Head of Samsung Electronics; Choi Woo-chul, Group Head of Samsung Electro-Mechanics; Kim Hyung-jun, Manager of CJ CheilJedang; Yoon Chung-han, Executive Director of Coreana Bio; Kang Hee-taek, President of Dentium; Lee Hyo-geun, CEO of SD Biosensor, which Suwon City has invested in; Kim Dae-jung, CEO of Focus HNS; Kim Jae-won, CEO of Integris Korea; Noh Jung-san, CEO of Wooju Electronics; as well as Kim Jae-ok, Chairman of the Suwon Chamber of Commerce and Industry; Seo Jin-cheon, Chairman of the Suwon Industrial Complex Management Corporation; and Heo Jeong-moon, President of Suwon Urban Corporation.

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