KICOX and National Economic Advisory Council Seek to Address Industrial Site Challenges

On-Site Meeting Held on the 27th

Platform for Public-Private Communication to Address Global Complex Crisis

The Korea Industrial Complex Corporation announced that, in collaboration with the Korea Industrial Complex Managers Association, it held the 'Industrial Complex Resident Companies On-Site Meeting Invited by the National Economic Advisory Council' on the 27th.

This meeting was organized in response to the rapidly changing external environment, including the surge in international oil prices due to the prolonged Middle East war, skyrocketing logistics costs, and increased exchange rate volatility, all of which have heightened the management burden on resident companies in industrial complexes. Attendees listened to on-site voices aimed at resolving export uncertainties and discussed government support policies as well as tasks for institutional improvement.

On the 27th, key attendees are taking a commemorative photo at the "Industrial Complex Tenants On-site Meeting Invited by the National Economic Advisory Council" held at the Seoul Regional Headquarters of the Korea Industrial Complex Corporation. Korea Industrial Complex Corporation

The participants shared the difficulties they face across various aspects of business management, such as securing raw material supplies, maintaining logistics networks, and the rise in energy costs. They suggested to the government detailed regulatory innovations and practical export support measures to remove institutional obstacles at industrial sites. The National Economic Advisory Council is a presidential advisory body that establishes major policy directions and provides advice on institutional improvements for national economic development.

Choi Chulho, President of the Korea Industrial Complex Managers Association, stated, "Resident companies in industrial complexes are facing complex management burdens such as raw material prices, logistics costs, energy costs, and changes in the export environment. We hope that the challenges faced on-site will be sufficiently communicated during policy discussions and will lead to practical support measures that companies can truly feel through this meeting."

Lee Sanghoon, President of the Korea Industrial Complex Corporation, said, "We will strive to support companies on-site and refine the relevant systems to transform industrial complexes into future industrial ecosystem hubs that combine manufacturing innovation, export competitiveness, carbon neutrality, and job creation."

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