Byungsam Kim, DGFEZ Commissioner: "Invest in Pohang, Where an Industry-Academia-Research Ecosystem Is Established"... Briefing Session for Japanese Companies in Korea

The Daegu-Gyeongbuk Free Economic Zone Authority (Commissioner Byungsam Kim) announced that it held an on-site briefing session and business meeting for Japanese companies operating in the Seoul metropolitan area, inviting them to the DGFEZ Pohang Convergence Technology Industrial Complex, over a two-day period on October 25 and 26.

The event was attended by more than 20 representatives from 11 Japanese companies and related organizations in Korea, including those in semiconductor and transportation machinery parts and materials, as well as patent offices and tax firms.

Byungsam Kim, Commissioner of Daegu-Gyeongbuk Free Economic Zone Authority

During the on-site briefing, the Authority introduced foreign investment incentive programs such as tax reductions and cash grants, and provided an overview of the Pohang Convergence Technology Industrial Complex and the surrounding industrial environment.

The area around the Pohang Convergence Technology Industrial Complex is home to leading Korean steel companies such as POSCO and Dongkuk Steel, as well as secondary battery material companies like Ecopro and POSCO Chemical, and innovative small and medium-sized enterprises in the advanced bio sector. In addition, prominent local universities and research institutes-including POSTECH, the Pohang Accelerator Laboratory, the Nano Technology Research Center, the Intelligent Robot Research Center, and the Max Planck Institute-are closely collaborating with resident companies, creating a well-established industry-academia-research ecosystem.

At the business meeting, the Authority introduced the current status of the eight designated free economic zones within Daegu and Gyeongbuk, as well as key industries such as ICT and robotics, bio-medical, and intelligent automotive parts. Participating companies showed strong interest in the workforce supply conditions and residential environment within DGFEZ.

Commissioner Byungsam Kim stated, "We will continue to provide information and strengthen regular exchanges regarding the DGFEZ investment environment for foreign-invested companies in Korea, making ongoing efforts to attract outstanding overseas companies."

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