Laying the Foundation for a Virtuous Cycle of Technology, Talent, and Corporate Growth
Centered on the Wangsuk Urban High-Tech Industrial Complex

Namyangju City in Gyeonggi Province announced on the 11th that it had signed a memorandum of understanding (MOU) with Sahmyook University at Yeoyudang in City Hall to foster AI talent and create an advanced industrial ecosystem.

Ju Gwangdeok, mayor of Namyangju City, signed a memorandum of understanding (MOU) with Sahmyook University on the 11th at Yeoyudang in City Hall to develop AI talent and create an advanced industrial ecosystem. Provided by Namyangju City

Ju Gwangdeok, mayor of Namyangju City, signed a memorandum of understanding (MOU) with Sahmyook University on the 11th at Yeoyudang in City Hall to develop AI talent and create an advanced industrial ecosystem. Provided by Namyangju City

View original image

This agreement was prepared to build a sustainable local innovation ecosystem based on cooperation among local government, industry, and academia by linking the city's initiative to create a future-oriented self-sufficient city with Sahmyook University's AI-centered education and research capabilities in advanced industries.


Under the agreement, the two institutions plan to fully promote cooperation to foster regional industrial growth and talent retention, including: cooperation on fostering advanced industries and attracting corporate investment such as the development of the Wangsuk Urban High-Tech Industrial Complex; nurturing professional talent in future new industries such as artificial intelligence (AI); and strengthening technological competitiveness by building R&D and industrial cooperation networks.


In particular, as the city has laid the foundation for a major transformation of the industrial ecosystem through a series of large-scale investment attraction achievements, it plans to use this agreement as an opportunity to organically link the nurturing of future talent with the fostering of advanced industries. Through this, it aims to accelerate its leap forward into a city centered on AI and advanced industries, where companies invest and talent settles.


Mayor Ju Kwangdeok of Namyangju said, "This agreement is an important starting point for the city and Sahmyook University to jointly build a future growth foundation where talent, technology, and industry are organically connected," adding, "We will continue to focus the city's administrative capacity so that Namyangju City can leap forward as an advanced industrial innovation hub where talent, technology, and companies grow together, through close cooperation between the two institutions."


Je Haejong, President of Sahmyook University, said, "We will strengthen the nurturing of region-specific talent based on Sahmyook University's education and research capabilities in AI-centered advanced industrial fields," and added, "We will actively cooperate so that this agreement can lead to local employment and start-ups for young talent."



Using this agreement as a starting point, the city plans to expand the cooperation base involving universities and anchor companies both inside and outside the city, and to begin in earnest the establishment of an advanced industrial ecosystem in which talent development, corporate investment, and industrial growth form a virtuous cycle centered on the Wangsuk Urban High-Tech Industrial Complex.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing