How is this year's Busan R&D project going? ... Busan City covers everything at the joint briefing session

Eight Institutions Including Busan Institute of Science and Technology Promotion to Participate
Government and Busan City Investment Directions, Presentations, and Q&A Sessions
Open to All... On-site Registration Available on the Day of the Event

What R&D projects will take place in Busan this year?

Busan City (Mayor Park Hyung-joon) announced that it will hold a joint briefing session on the 2025 R&D projects at 2 p.m. on the 5th in the city hall auditorium.

Hosted by the city and organized by the Busan Institute of Science and Technology Promotion, this event will involve eight R&D support organizations in Busan, including the organizing institution. The eight organizations are the Busan Institute of Science and Technology Promotion, Busan Regional Industry Promotion Agency, Busan Economic Promotion Agency, Busan Information Industry Promotion Agency, Busan Research and Development Special Zone Headquarters of the Research and Development Special Zone Promotion Foundation, Busan Technopark, Busan-Ulsan-Gyeongnam Support of the Korea Institute of Science and Technology Information (KISTI), and Busan Mechanical Technology Research Center of the Korea Institute of Machinery and Materials (KIMM).

This year, government-funded research institutions such as KISTI and KIMM will also participate, expanding the event.

The briefing will cover the scale and direction of government R&D investment for this year, as well as department-specific projects, as presented at the joint briefing session for the 2025 government R&D projects held from January 22 to 24.

The government’s R&D budget for this year has been finalized at 29.6 trillion KRW. It plans to focus investment on four major areas: ▲leading-edge R&D support ▲artificial intelligence and digital innovation ▲core talent development and expansion of basic research ▲strengthening strategic international cooperation.

The eight participating R&D support organizations will focus their investments on goals suited to regional circumstances, considering the government’s investment directions: ▲creating an industrial ecosystem to leap forward as a global hub city ▲strengthening industrial competitiveness through digitalization and eco-friendliness ▲establishing a foundation for a sustainable future city.

The briefing session will begin with an explanation of this year’s government and Busan City R&D investment directions by the Busan Institute of Science and Technology Promotion, followed by presentations on major R&D projects by each of the eight R&D support organizations, and conclude with a Q&A session.

Attendees will include Seong Chang-yong, Chair of the Planning and Finance Committee of the Busan City Council, as well as representatives from local research institutions such as the Busan Institute of Science and Technology Promotion, Busan Economic Promotion Agency, Busan Technopark, and Korea Institute of Science and Technology Information.

Any interested local university and company officials, as well as citizens, may attend the briefing session by registering on-site on the day of the event. Presentation materials will be distributed on a first-come, first-served basis at the venue and will be available for download on the Busan Science and Technology Information Service website after the session.

Park Dong-seok, Director of the Advanced Industry Bureau of Busan City, said, “In an increasingly rapidly changing environment, R&D innovation is very important to overcome regional crises. The increase in the R&D budget will be a good opportunity for R&D innovation.”

He added, “We will strive to ensure that local researchers actively participate in R&D projects supported by the city and that these achievements collectively lead to scientific and technological innovation and regional economic development in Busan.”

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