Preparations Progressing Smoothly for the '60 Years of Industrial Complex' Commemoration Project

September Commemorative Ceremony, Open Concert, and Conference Held

The industrial complexes that have driven South Korea's industrialization and economic growth are celebrating their 60th anniversary this year. The Korea Industrial Complex Corporation announced on the 1st that it is preparing various commemorative projects, including a 60th anniversary celebration event.

Industrial complexes, which began with the enactment of the "Export Industrial Complex Development Act" on September 14, 1964, were first established under the name Korea Export Industrial Complex in Guro-dong, Seoul, and have played a key role in the nation's economic development over the past 60 years.

In 2022, they accounted for 60.6% of domestic manufacturing production, 65.5% of exports, and 47.9% of employment, contributing to placing South Korea among the world's 13th largest economies by GDP. Currently, there are 1,306 industrial complexes nationwide, housing approximately 120,000 companies and employing 2.33 million workers.

The Korea Industrial Complex Corporation plans to hold a commemorative ceremony on the 14th of next month, which is Industrial Complex Day, to mark the 60th anniversary, and will actively promote the importance and significance of industrial complexes through various events and programs.

The ceremony, themed "A dynamic new industry and a cultural breathing industrial campus," will include ▲awards for meritorious persons ▲vision presentations ▲thematic videos ▲performances, and more. It will invite various generations including businesspeople, workers, youth, and children to create a festival where industry, culture, and people harmonize.

A conference to explore future responses for industrial complexes will also be held alongside the ceremony. Domestic scholars and experts in artificial intelligence (AI) autonomous manufacturing and digital fields will be invited to discuss directions for future industrial complex responses amid changes in industrial paradigms such as digital transformation.

Lee Sang-hoon, Chairman of the Korea Industrial Complex Corporation, who is preparing the commemorative projects, said, "I hope that the 60th anniversary of the industrial complexes, which have shared the trajectory of South Korea's economic growth history, will serve as an opportunity for the public to empathize with and take interest in the meaning and importance of industrial complexes."

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