Table of Contents
- Gyeongnam Expands Investment Attraction for Leap to Global Aerospace Capital
- On-Site Visit to Aerospace National Industrial Complex and Introduction to R&D Support
- Three Major Investment Attractions of Gyeongnam
- Root of Entrepreneurship, Jinju K-Entrepreneurship Center
- Conclusion: Gyeongnam as a Global Aerospace Investment Hub
- Frequently Asked Questions (FAQ)
Gyeongnam Expands Investment Attraction for Leap to Global Aerospace Capital
The Gyeongnam Investment Agency conducted a promotional trip for the Aerospace National Industrial Complex on the 5th, in the regions of Sacheon and Jinju.
This event was part of a program linked to the investment briefing for the Gyeongnam Regional Innovation Cluster held the day before, designed to directly showcase Gyeongnam's global aerospace industry competitiveness and investment environment.
The aim of the event was to effectively convey the potential of Gyeongnam to many investors.
News Related to Gyeongnam Sacheon and Jinju Aerospace National Industrial Complex
On-Site Visit to Aerospace National Industrial Complex and Introduction to R&D Support
A recent fam tour was conducted with the participation of 40 potential investor representatives from both domestic and international backgrounds. They visited the location and current development status of the Sacheon and Jinju Aerospace National Industrial Complex under the guidance of the Korea Land and Housing Corporation (LH).
Following this, they visited the Gyeongnam Techno Park Aerospace Headquarters to receive explanations about research and development (R&D) support projects and tour the advanced equipment building.
During this time, the Gyeongnam Investment Agency emphasized the importance of creating a sustainable aerospace industry ecosystem and provided information on investment incentives. This is expected to positively impact future investment attraction.
Three Major Investment Attractions of Gyeongnam
The Gyeongnam Investment Agency provided detailed explanations of Gyeongnam's unique advantages to participating companies.
First, there is an excellent foundation for talent development. Professional educational institutions such as Gyeongsang National University, the National Changwon University Sacheon Aerospace Campus, and Korea Polytechnic University Sacheon and Jinju campuses supply skilled workforce.
Second, it is a region where global companies gather. Major global aerospace companies such as Korea Aerospace Industries (KAI), Hanwha Aerospace, Korea Aerospace Services (KAEMS), and Kencoa Aerospace are concentrated, providing opportunities for collaboration.
Third, there is a well-established infrastructure for advanced research and certification. Organizations such as the Aerospace Agency (KASA), Korea Testing Laboratory (KTL), Korea Ceramic Technology Institute, and Gyeongnam Techno Park support corporate growth through joint technology development and certification assistance.
These various elements serve as significant driving forces for Gyeongnam's development into the center of K-Aerospace and a global aerospace hub.
Root of Entrepreneurship, Jinju K-Entrepreneurship Center
Participants of the tour visited the Jinju K-Entrepreneurship Center after touring the Sacheon and Jinju industrial complexes.
This space has been newly remodeled from the old Jisu Elementary School located in the "rich village" known as Jisu Seungsan Village. It captures the spirit of entrepreneurship of entrepreneurs such as Lee Byung-chul of Samsung, Koo In-hwoi of LG, Heo Man-jung of GS, and Cho Hong-je of Hyosung, who have driven the Korean economy.
Participants had the opportunity to learn and experience entrepreneurship in a location with such an important historical background.
Conclusion: Gyeongnam as a Global Aerospace Investment Hub
The Gyeongnam Investment Agency is striving to connect the interest of potential investor companies garnered through recent investment briefings and fam tours to actual investments. Through this, they plan to provide full support to companies settling in Gyeongnam so they can grow into "champion companies" with global competitiveness.
In particular, the Aerospace National Industrial Complex established around Sacheon and Jinju is laying the groundwork to become a significant hub in the global market, going beyond K-Aerospace. This movement will be a crucial factor driving Gyeongnam's economic growth and innovation.
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Frequently Asked Questions (FAQ)
Q. What is the investment attraction event for the Aerospace National Industrial Complex conducted by Gyeongnam Investment Agency?
Gyeongnam Investment Agency held an integrated investment briefing and fam tour to promote the investment environment of the Aerospace National Industrial Complex in Sacheon and Jinju.
The Gyeongnam Investment Agency conducted a promotional trip for the Aerospace National Industrial Complex on the 5th in Sacheon and Jinju. This event was part of a program linked to the integrated investment briefing for the Gyeongnam Regional Innovation Cluster, designed to directly showcase the competitiveness and investment environment of the Gyeongnam aerospace industry. The focus was on effectively conveying Gyeongnam's excellence to investors.
Q. Which company representatives participated in the Aerospace National Industrial Complex fam tour?
40 potential investor representatives from domestic and international backgrounds participated to tour the aerospace industrial complex.
A total of 40 potential investor representatives participated in the fam tour, visiting the location and current development status of the Aerospace National Industrial Complex in Sacheon and Jinju under the guidance of the Korea Land and Housing Corporation (LH). They also received explanations about research and development (R&D) support projects at the Gyeongnam Techno Park Aerospace Headquarters and toured the advanced equipment building. The Gyeongnam Investment Agency provided information on creating an aerospace industry ecosystem and investment incentives.
Q. What are the main investment attraction points of the Gyeongnam Aerospace Industrial Complex?
Strong foundation for talent development, concentration of global aerospace companies, and well-equipped advanced research and certification infrastructure.
Gyeongnam has three major investment attraction points. First, there are professional educational institutions such as Gyeongsang National University, National Changwon University, and Korea Polytechnic University providing a skilled workforce. Second, global companies like Korea Aerospace Industries (KAI), Hanwha Aerospace, Korea Aerospace Services (KAEMS), and Kencoa Aerospace are concentrated in the region, providing collaboration opportunities. Third, organizations such as the Aerospace Agency (KASA), Korea Testing Laboratory (KTL), Korea Ceramic Technology Institute, and Gyeongnam Techno Park are well-equipped with advanced research and certification infrastructure to support corporate growth.
Q. What is the significance and role of the Jinju K-Entrepreneurship Center?
It is a space for entrepreneurship education and historical experience established in a region known for leading entrepreneurs in Korea.
The Jinju K-Entrepreneurship Center is a remodeled space from the old Jisu Elementary School located in Jisu Seungsan Village in Jinju, known for being the hometown of influential entrepreneurs such as Lee Byung-chul of Samsung, Koo In-hwoi of LG, Heo Man-jung of GS, and Cho Hong-je of Hyosung. Participants can learn and experience entrepreneurship and reflect on its importance against the historical backdrop.
Q. What are the expected effects of the Gyeongnam Aerospace National Industrial Complex on the local economy?
Gyeongnam is expected to lead economic growth and innovation by nurturing globally competitive aerospace companies.
The Gyeongnam Investment Agency continues efforts to convert the interest of potential investors garnered through investment briefings and fam tours into actual investments. This is aimed at supporting companies settling in Gyeongnam to grow into champion companies with competitiveness in the global market. In particular, the Aerospace National Industrial Complex in Sacheon and Jinju is expected to be a significant factor in driving economic growth and innovation in Gyeongnam as it develops into a world-class hub for the K-Aerospace industry.