<Translated with Google Translate.>
Gwangju Free Economic Zone Authority leads changes in Gwangju's industrial landscape
- Reinforcement of investment promotion activities, increasing interest in investment inquiries from domestic and foreign companies
- Signed 21 MOUs within 8 months of launch... Expectation of regional economy revitalization
Gwangju Free Economic Zone is leading changes in Gwangju's industrial and economic landscape by designating and promoting new industries such as eco-friendly automobiles, energy, and AI convergence industries as core strategic industries.
The Gwangju Free Economic Zone Authority (hereinafter referred to as the Gwangju Gyeongjae Administration) established a vision of 'AI Convergence New Industry Hub for the Future' since its opening in January of this year and started work. Although it was the last latecomer in the nation, the Gyeongja Administration appointed an investment attraction expert from entrepreneurs for the first time as the head of the office, and secured professionalism and competitiveness by hiring investment experts and forming a customized organization for each industry.
In particular, at the same time as the launch ▲investment support agreement with the world's largest communist bank of china Korea corporation ▲investment agreement with Japan's Shangri-La Medical, a developer of advanced regenerative medicines, ▲innovation with 10 industry, academia, and research institutions including the Ministry of Industry, Gwangju, and KEPCO It has succeeded in signing three business agreements, including the establishment of an ecosystem.
In addition, as it was selected in the 'Innovation Cluster Foundation' and 'Corporate Business Capability Reinforcement' fields in the 'Innovation Ecosystem Creation Support Project' contested by the Ministry of Industry, it is gaining momentum in establishing a customized corporate support system and creating an innovative ecosystem.
In order to promote the free economic zone and discover investment demand, the Gwangju Gyeongjae Administration ▲ IR (investment briefing session) with the Free Economic Zone Planning Team of the Ministry of Trade, Industry and Energy ▲ Investment attraction briefing session for overseas CEOs with the Korea Foreign Companies Association (FORCA) ▲ KOTRA and InvestKOREA cooperative projects and Online promotions and investment consultations in the fields of high-tech companies linked to Chinese automobiles, US bio-health care, and K-New Deal ▲ 'International Electric Vehicle Expo' virtual exhibition and business meetings are being held.
In order to identify overseas investment trends and establish a global network, the 'investment attraction roundtable' with Silicon Valley laid the foundation for advanced technology transfer and joint venture attraction, and B2B investment attraction between Silicon Valley startups and domestic companies was conducted. .
In addition, it has joined major foreign chambers of commerce, including the American Chamber of Commerce in Korea (AMCHAM) and the European Chamber of Commerce in Korea (ECCK), and is preparing to hold investment briefing sessions and 'business roundtables' for member companies and major companies.
As such active investment promotion activities continue, investment inquiries from domestic and foreign companies are increasing, and investment consultations through online and offline channels and investors' on-site visits are also continuing.
Through this, 21 investment and business agreements (MOUs) were signed within eight months of launch, raising expectations for investment attraction and revitalization of the local economy.
In addition, in June, as the 'Special Act on Designation and Operation of Free Economic Zones (Gyeongjae Zones)' was amended, incentives (benefits) such as sales below the construction cost that were only provided to foreign-invested companies or U-turn companies in the hard-funded zone were introduced to key strategic industry investment companies. As it is expanded and supported (including domestic companies), investment attraction activities are expected in the future.
Gwangju Gyeongjae Administration plans to focus on reaching the goal with a long breath rather than rushing to the immediate performance as it takes a long time for the MOU to lead to actual investment in attracting global companies and overseas investment, and there are many variables. .
“We will do our best to transform the Free Economic Zone into an attractive investment destination to create an innovative growth base where key domestic and foreign companies gather, and to contribute to the economic development and job creation of Gwangju.” <End>
