SMBC Holds Meeting to Foster Growth of Regionally Specialized Food Industry

Visit to Dongmyeong Food in Sancheong-gun, Gyeongnam

The Small and Medium Business Corporation announced on May 12 that it held a “SMBC On-site Problem-Solving Meeting” at Dongmyeong Food in Sancheong-gun, Gyeongnam, aimed at fostering innovative growth in the regionally specialized food industry.

View of the Small and Medium Business Corporation in Jinju, Gyeongnam. Small and Medium Business Corporation

The meeting was organized to strengthen the competitiveness of food manufacturing companies located in Sancheong-gun, which has been designated as a special zone for the herbal medicine and medicinal herb industry. The meeting, presided over by Sukkyoon Kang, Chairman of the Small and Medium Business Corporation, was attended by Kim Suhan, Chairman of the Sancheong County Council, Seong Heungtaek, Deputy Governor of Sancheong County, and Chuljin Park, CEO of Dongmyeong Food, among others.

Attendees proposed a variety of ideas, including: expanding financial support for small and medium-sized enterprises engaged in regionally specialized industries; strengthening market development and export support for global expansion; addressing workforce shortages at companies based in local areas; and measures to revitalize industries in connection with regional specialized development zones.

Following the meeting, participants toured the Dongmyeong Food manufacturing site to observe the production process firsthand, and then visited the Sancheong herbal medicine and medicinal herb industry special zone to review its operations, conducting an on-site inspection of the regionally specialized food industry.

The Sancheong herbal medicine and medicinal herb industry special zone, a major domestic production area for medicinal herbs, has contributed to revitalizing the regional economy since it was designated as a regional specialized development zone in 2005, in connection with the healing, anti-aging, and wellness industries.

Chairman Kang stated, “Functional foods and premium processed foods utilizing unique local ingredients are facing new growth opportunities, and a sustainable growth foundation based on specialized resources is expected to contribute to balanced regional development and the innovative growth of the regional economy. Going forward, the Small and Medium Business Corporation will continue to implement on-site, customized support programs by listening to companies directly and seeking solutions on location.”

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