BUSAN < invest Korea

Busan, Ulsan, and Gyeongnam Technoparks (a SME support organization), agreed to join forces to foster key industries, including secondary batteries.

On December 13, Busan Techno Park announced that it has signed an MOU with Ulsan Techno Park and Gyeongnam Techno Park to establish a win-win cooperative system to foster industries in the Southeast region.

Busan, Ulsan, and Gyeongnam Technoparks are going to build a valley of secondary battery, semiconductor, and hydrogen industries in the Southeastern region and push for a Southeastern energy alliance.

In addition, they plan to widely conduct the SMEs growth ladder and full life-cycle support, which are currently underway by region, through cooperation in the Southeast region, and collaborate to connect supply chains between regions and discover and foster transregional leading companies.

youngkyu@yna.co.kr

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Source: Yonhap News (December 13, 2023)