Pohang City Reviews Follow-up Strategies for Hydrogen Specialized Complex... Accelerates Company Attraction

Seeking Effective Support Measures for Company Attraction Strategies and Industrial Ecosystem Development
Accelerating the Establishment of the Hydrogen Fuel Cell Cluster Ahead of Year-End Groundbreaking

On July 22, Pohang City held an interim report meeting for the "Project to Discover Follow-up Projects for the Hydrogen Specialized Complex" in the city's main conference room, where they reviewed strategies for attracting companies and establishing an industrial ecosystem centered on the hydrogen specialized complex.

The meeting was attended by officials from the Gyeongbuk Provincial Future Energy Hydrogen Division and Pohang Technopark. It was organized to share interim results of the project, which aims to develop actionable strategies for attracting companies and building an ecosystem after Pohang was designated as a hydrogen specialized complex by the Ministry of Trade, Industry and Energy in November last year.

The project, being conducted by "Hydrogen Knowledge Group," focuses on several key tasks: establishing a one-stop support system for the entire hydrogen value chain (production-storage/transportation-utilization); conducting a demand survey and preparing tailored support measures for companies moving into the hydrogen fuel cell cluster; and making policy recommendations to vitalize the hydrogen specialized complex.

In particular, the report presented on this day revealed that 58% of respondent companies expressed a positive intention to move into the Pohang hydrogen specialized complex. In response, the city discussed support measures and infrastructure advancement strategies that meet corporate demand, with plans to accelerate the creation of a hydrogen industry ecosystem.

By the end of this year, the city aims to begin construction of a hydrogen fuel cell cluster covering 280,000 square meters within the Blue Valley National Industrial Complex. The cluster will feature core functions including a business concentration core (with 24 companies moving in), a parts and materials performance evaluation core (equipped with 44 types and 63 units of testing equipment), and a localization demonstration core (establishing infrastructure for simultaneous demonstration of up to 4 MW).

The city plans to lay the foundation for becoming a leading city in the hydrogen industry by 2035, the year until which the hydrogen specialized complex designation is maintained. Goals include attracting 70 hydrogen-related companies, achieving annual sales of 1 trillion won, and creating 1,000 youth jobs.

Kim Jeongpyo, Director of the Job and Economy Bureau, stated, "The success of the hydrogen specialized complex ultimately depends on attracting companies, and creating an industrial ecosystem through cooperation between the private and public sectors is more important than anything else. We will do our utmost to develop effective follow-up strategies so that Pohang can become the central city of Korea's hydrogen industry."

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