Groundbreaking for Jeonnam Training Institute for SMEs and Startups... Expected to Become a Hub for Future Industry Talent Development

A Total Investment of 33.4 Billion Won, Targeting Completion by November Next Year
Approximately 3,500 to Complete Specialized Training Annually

Gwangyang City in Jeonnam Province announced on May 12 that it held a groundbreaking ceremony and a safety prayer ritual for the Jeonnam Training Institute for Small and Medium Venture Businesses at the Myeongdang 3 District in Taein-dong.

The event was attended by Kim Junho, Director of the Human Resources Policy Division at the Ministry of SMEs and Startups, Lee Changseop, Executive Director of Planning and Management at the Korea SMEs and Startups Agency, the Director of Future Industries at Gwangyang City, construction officials, and around 40 participants in total, who wished for the successful progress of the project and safety during construction.

Aerial view of the Jeonnam Training Institute for Small and Medium Venture Businesses.

The Jeonnam Training Institute will be established as a multi-purpose educational facility on a site of approximately 33,000 square meters within the Myeongdang 3 District in Taein-dong. The total project cost of 33.4 billion won will be fully funded by the national government. The facility will be a six-story building equipped with training centers, dormitories, a convention hall, and sports facilities. Notably, some of the dormitories as well as sports facilities such as a soccer field and futsal court will be open to the public at all times, making it a citizen-friendly educational institution.

The Korea SMEs and Startups Agency is working towards completing construction by November 2027, while Gwangyang City is cooperating by providing the land free of charge and building the necessary infrastructure as part of its administrative support.

The Jeonnam Training Institute is expected to serve as a specialized educational facility offering industry-tailored programs linked to the region's key sectors, such as steel, petrochemicals, and secondary batteries, as well as training in future industries including artificial intelligence (AI), smart manufacturing (AX), and carbon neutrality. Through these programs, approximately 3,500 people are expected to complete specialized training each year.

A Gwangyang City official stated, "The Jeonnam Training Institute for Small and Medium Venture Businesses will become an important educational foundation for nurturing talent at local SMEs and strengthening industrial competitiveness. Gwangyang City will also actively cooperate to ensure that the institute can provide practical support for the growth of local companies and young people."

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