Yangsan Secures Total of 14.7 Billion Won in National Funding to Drive New Growth Industries as Future Industrial Engine

7.3 Billion Won in National Funding Secured for Super-Gap Technology Development of Aerospace and Defense Sealant Materials
Six Projects Including High-Precision Optical Fiber Measurement Sensors and Multi-Image Fusion Diagnostic Devices

Yangsan, once known for its quiet residential city image, has announced a major transformation.

The city of Yangsan in South Gyeongsang Province has secured 7.3 billion won in national funding for 2026 for its ongoing "Super-Gap Technology Development and Demonstration Project for Aerospace and Defense Sealant Materials."

This large-scale project, which involves 11 organizations including Yangsan City, will invest a total of 34.4 billion won from 2024 to 2028. The project aims to localize high-performance sealant materials, which are core materials in the aerospace and defense sectors but have so far been entirely dependent on imports.

This achievement is particularly significant because the initial government budget proposal included only 4.8 billion won. However, Yangsan City persistently emphasized the urgency and importance of the project during the National Assembly’s review process, and with strong support from local representatives Yoon Youngseok and Kim Taeho, the city succeeded in securing an additional 2.5 billion won in funding.

The newly secured budget will be allocated for building demonstration infrastructure for sealant materials, supporting businesses, and technology development.

In addition, Yangsan City secured a total of 14.7 billion won in national funding for six projects, including 2.3 billion won for the development and commercialization of high-precision optical fiber measurement sensors, and the development of multi-image fusion diagnostic and therapeutic devices.

A Yangsan City official stated, "Securing national funding totaling 14.7 billion won for new growth industries, including the aerospace and defense sealant project, demonstrates that Yangsan is emerging as a key hub for future industries in the southeastern region. Moving forward, we will continue to focus our administrative efforts on boosting the competitiveness of local businesses and creating quality jobs through bold investments and support for the localization of materials, parts, and equipment, as well as for promising future technologies such as AI and bio."

Yangsan City Hall.

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