"Daegu to Attract 30 Public Institutions Including IBK; Launches Committee for Second Relocation"

On November 5, the Daegu Metropolitan Government launched the "Committee for Attracting the Second Relocation of Public Institutions" at the main conference room of the Dongin City Hall and discussed directions and strategies for attracting public institutions.

With the second relocation of public institutions being adopted as a key policy task by the new administration, the previously stagnant process is now expected to gain momentum. On September 1, Daegu formed a 22-member committee by appointing private sector experts from the city council, economic, media, and academic fields, and held its first meeting on this day.

The Public Institution Second Relocation Daegu Attraction Committee members gathered in one place to commemorate the launch of the committee.

Prior to the meeting, the committee members reaffirmed their commitment to attracting public institutions by reading a resolution to lead "Daegu's future growth" and "national balanced development." They also expressed their hopes for successful attraction by holding placards with slogans such as "Balanced Growth in Korea, Daegu Will Make It Happen" and "Daegu, the Optimal City for the Second Relocation of Public Institutions."

Through two rounds of policy research, Daegu selected 30 public institutions as key targets for attraction, considering regional innovation-led growth, the fostering of new industries, and potential synergies with public institutions relocated in the first phase. In particular, given Daegu's industrial structure with the highest proportion of small and medium-sized enterprises nationwide and the synergy with Korea Credit Guarantee Fund, which relocated in the first phase, IBK Industrial Bank of Korea was designated as the top priority for attraction.

Additionally, institutions supporting the development of future industries, such as the Data Industry Promotion Agency and Korea Institute for Advancement of Technology, as well as those supporting sustainable growth, including the Korea Institute of Energy Technology Evaluation and Planning and Korea Environment Corporation, were also included as targets for relocation.

During the meeting, the committee discussed tailored attraction strategies for each public institution and considered outreach activities targeting the National Assembly, ministries, and public institutions. They agreed to actively promote Daegu's excellent location conditions, including its transportation, education, and medical infrastructure. In particular, Daegu boasts the nation's top-level Suseong-gu school district, with seven out of the top 30 schools nationwide for medical school admissions last year located in Suseong-gu, highlighting the city's educational strengths.

Meanwhile, the government announced plans to establish the "Second Public Institution Relocation Roadmap" in 2026 and to expedite the relocation of public institutions to regional areas starting in 2027 through the leasing of office buildings and the construction of joint office complexes. In response, Daegu is proactively identifying candidate sites within the region, such as the remaining land in Sinsa Innovation City, former sites of the court and prosecutor's office, and Suseong Alpha City, to stay ahead in attracting public institutions.

Kim Jeonggi, Acting Mayor and Administrative Deputy Mayor of Daegu, stated, "The second relocation of public institutions, a key strategy for national balanced growth under the new administration, will greatly benefit the regional economy," adding, "Starting with this meeting, we will make every effort to attract public institutions, which will serve as a driving force for youth job creation and regional innovation."

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