Changwon Special City, Jinhae Public Rental Knowledge Industry Center Fully Operational

Occupancy Rate Reaches 87%, Center Achieves Operational Self-Sufficiency
Roundtable Held on Corporate Success and Industrial Development

Changwon Special City in Gyeongnam held an opening ceremony for the ‘Jinhae Public Rental Knowledge Industry Center (hereinafter referred to as the 'Knowledge Industry Center')’ located in Yeojwa-dong, Jinhae-gu on the 19th.

Changwon Special City Holds Opening Ceremony for Jinhae Public Rental Knowledge Industry Center.

The opening ceremony was attended by Hong Nampyo, Mayor of Changwon Special City, Lee Jongwook, Member of the National Assembly, Son Taehwa, Chairman of the Changwon Special City Council, provincial and city council members, Son Hanguk, Director of the Gyeongnam Regional Small and Medium Venture Business Administration, Kim Namgyun, President of the Korea Electrotechnology Research Institute, Seo Yongseok, Director of the Small and Medium Shipbuilding Research Institute, and local residents, adding prestige to the event.

Construction of the Knowledge Industry Center began in April 2022, and it was completed and approved for use in July 2024. The center provides affordable office and research and development spaces for startups and small and medium-sized enterprises (SMEs) and serves as a facility to revitalize the startup ecosystem. Located on a 9,628㎡ site within the Jinhae Advanced Industrial Research Complex, a total of 28.3 billion KRW was invested, including 16 billion KRW in national funds and 12.3 billion KRW in city funds. As of last July, the center has a total floor area of 12,074㎡, consisting of one basement floor and six above-ground floors, with 68 corporate occupancy units, 2 neighborhood living facilities, a convention hall, and meeting spaces. To date, over 40 companies have signed occupancy contracts for 59 of the 68 units, successfully achieving operational self-sufficiency.

In the second part of the event, a roundtable meeting was held on the 5th-floor Global Lounge with representatives and executives of resident companies and corporate support organizations. Under the theme ‘Corporate Success and Industrial Development in Changwon,’ they shared the current status and challenges of resident companies and discussed directions for corporate and industrial development.

Hong Nampyo, Mayor of Changwon Special City, stated, “I hope that the companies residing in the Knowledge Industry Center will grow together and become leading companies that drive the regional industry.” He added, “The city will also make every effort to create an industrial ecosystem that can appropriately respond to rapidly changing industrial conditions.”

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