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Significance of the Completion of the Busan Radiation Industrial Complex
The completion ceremony of the Busan Radiation Medicine and Science General Industrial Complex was held on February 27 in Jangan-eup, Gijang-gun. This event marks a significant announcement of the advancement as a cutting-edge power semiconductor production hub.
This industrial complex has been developed gradually since the basic planning started in 2010, merging radiation research, medicine, and industrial functions to establish a strategic base alongside the southern semiconductor innovation belt.
The completion of the Busan Radiation Medicine and Science General Industrial Complex is expected to serve as an important milestone indicating a full transition from a research center to an industrialization stage. It is anticipated to contribute to the development of the local economy and enhance the competitiveness of high-tech industries.
Power Semiconductor Strategy of the Gijang Jangan Industrial Complex
The Gijang Jangan Industrial Complex has been designated as a specialized complex for power semiconductor materials, components, and equipment, thereby strengthening its industrial position. Power semiconductors are becoming essential elements for future industries such as electric vehicles, data centers, renewable energy, and defense.
The current status of the industrial complex includes the completion of the Power Semiconductor Commercialization Center in 2019, official designation as a specialized complex for power semiconductor materials, components, and equipment in 2023, and selection as the Busan-type secondary opportunity development zone in 2024.
To secure competitiveness in the power semiconductor industry, it is necessary to set up testing, certification, and commercialization infrastructure beyond simple manufacturing.
The Gijang Jangan Industrial Complex possesses this comprehensive support system, distinguishing itself from other regions.
Ultimately, the completion of the Busan Radiation Medicine and Science General Industrial Complex signifies an important foundation for establishing a cutting-edge power semiconductor production hub.
New Type Research Reactor and Heavy Ion Therapy Center
The major infrastructure within the industrial complex is gradually being established.
Firstly, the export-oriented new type research reactor is forming the basis for the production and export of medical radioactive isotopes.
The heavy ion therapy center is gaining attention as a medical facility that provides advanced radiation treatment for patients with intractable cancers.
Additionally, the Southeastern Nuclear Medicine Institute is equipped with research and clinical infrastructure in the field of radiation medicine.
Lastly, the radioactive isotope fusion research facility also plays a crucial role.
The export of the new type research reactor holds significant meaning in securing a global supply chain for medical radioactive isotopes.
The heavy ion therapy center is designed to respond to the increasing demand for advanced cancer treatment and is expected to contribute to enhancing the competitiveness of the medical industry.
This interconnected ecosystem of research, medicine, and industry indicates a qualitative change in the industrial structure of Busan.
Busan as a Hub for New Growth Industries
The Southeastern Radiation Medicine and Science General Industrial Complex spans 1.47 million square meters and is a large-scale project promoted with an investment of approximately 471.7 billion won. This project began in 2010 and is set to continue until 2026.
The main contents of this project include its location in the areas of Jwadong, Imrang, and Banryongri in Gijang-gun, and plans to attract industries related to radiation medicine and power semiconductors. The ultimate goal is to establish it as a center for the production of cutting-edge power semiconductors and the convergence of radiation medical science industries.
The completion of the Busan Radiation Medicine and Science General Industrial Complex signifies a signal of significant change in Busan's industrial structure. This strategic project aims to transform the city from its existing shipbuilding and logistics-centric focus to one centered on high-value-added power semiconductors and the medical radiation industry.
Future key tasks will be the speed of attracting companies and the achievements in commercialization. If growth in production and exports materializes, the Gijang Jangan Industrial Complex is expected to emerge as a vital industrial cluster in the southern region.
Notably, the completion of the Busan Radiation Medicine and Science General Industrial Complex signifies a starting point for execution rather than a simple declaration, and is expected to positively impact local economic development.
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Frequently Asked Questions (FAQ)
Q. What is the main significance of the completion of the Busan Radiation Medicine and Science General Industrial Complex?
The completion of the Busan Radiation Medicine and Science General Industrial Complex is an important milestone in announcing its development as a cutting-edge power semiconductor production hub.
The completion of this industrial complex signifies more than just the completion of a facility; it marks the starting point for the Busan region to grow into a hub for cutting-edge power semiconductor production and the radiation medicine industry. After the basic design in 2010, this complex has gradually developed and serves as a signal for a transition from a research focus to an industrialization stage. It is expected to contribute to the revitalization of the local economy and enhance the competitiveness of high-tech industries.
Q. What strategic importance does the Gijang Jangan Industrial Complex hold in the power semiconductor industry?
The Gijang Jangan Industrial Complex has been designated as a specialized complex for power semiconductor materials, components, and equipment, enhancing its industrial position.
The Gijang Jangan Industrial Complex has established important milestones, including the completion of the Power Semiconductor Commercialization Center in 2019, official designation as a specialized complex for power semiconductor materials, components, and equipment in 2023, and the expected selection as a Busan-type secondary opportunity development zone in 2024. Power semiconductors are essential elements for future industries, and the complex is equipped with a comprehensive support system to secure differentiated competitiveness from other regions.
Q. What roles do the new type research reactor and heavy ion therapy center in the industrial complex play?
The new type research reactor produces and exports medical radioactive isotopes, while the heavy ion therapy center provides advanced cancer treatment.
The new type research reactor facility establishes a foundation for the production of medical radioactive isotopes, contributing to securing a global supply chain. The heavy ion therapy center provides advanced radiation treatment for intractable cancer patients and plays a vital role in enhancing the competitiveness of the medical industry. Both facilities are essential infrastructures for creating a converged ecosystem in the radiation medicine industry.
Q. What is the scale and investment status of the Busan Radiation Medicine and Science General Industrial Complex?
The industrial complex spans 1.47 million square meters and is a large-scale project with total investments of approximately 471.7 billion won.
This industrial complex is located in the Jwadong, Imrang, and Banryongri areas of Gijang-gun and has been promoted since 2010, continuing until 2026. It is being developed as a hub for high-tech industries, aiming to attract radiation medicine and power semiconductor-related industries, and is anticipated to be a new growth industrial hub for Busan.
Q. What does the completion of this industrial complex mean for the changes in Busan's industrial structure?
It signifies a transition from traditional shipbuilding and logistics to a city centered on high-value-added power semiconductors and the medical radiation industry.
The completion of the Busan Radiation Medicine and Science General Industrial Complex is a significant signal of a transition in Busan's industrial structure toward a focus on high-value-added industries. It is expected that building a converged ecosystem in the fields of advanced power semiconductors and medical radiation will contribute to economic revitalization and strengthening industrial competitiveness. Depending on the rate of attracting companies and the success of commercialization, there is a high likelihood that it will emerge as a key industrial cluster in the southern region.
