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North Chungcheong Prov. completed a feasibility study to form a future mobility tech -cluster

According to Yonhap News,

North Chungcheong Province unveiled a plan to form a Silicon Valley like tech cluster where technologies of future mobility will be intensively fostered to gain the favorable position in the green car market in the coming years. The provincial authorities hosted the final round of briefing session to figure out the result of the project feasibility study, commissioned by outsourced research scientists.

The analysis takes all of the project’s relevant factors into account – how to form a support system to well develop core technologies that apply to future automotives, how to be competent and stay strong, while making agile response to future auto industry and what are ways to form partnership between the conventional auto-parts industry and research institutions of the future mobility.

Based upon the results, local government will outline the project to accommodate the facility inside the provincial district. They’ve already updated the relevant legislative policies to be fully ready for the upcoming era of the future mobility.

Source Text

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Source: Yonhap News (Sep 11, 2020)

** This article was translated from Korean.