- Information Center
- Investment News
According to Yonhap News,
(ANDONG=Yonhap News) Gyeongsan City of North Gyeaongsang Province has been selected as the location for the Asia Center for a British advanced manufacturing research institute.
On December 13, at the Gyeongsan Knowledge Industry Zone, the province singed a memorandum of understanding (MoU) with U.K.'s Advanced Manufacturing Research Centre (AMRC), the City of Gyeongsan, and the Korean Dyeing & Finishing Technology Institute (DYTECH) for the establishment of the AMRC Asia Center.
AMRC Group, a research institute co-founded by Boeing and the University of Sheffield in 2001, carries out research and development for products with some 100 member companies, including Boeing, Rolls-Royce, and Airbus.
The Asia Center will conduct research and development for advanced carbon composite products with companies, and help companies enter foreign markets.
It will also apply big data technology to advanced material, automotive, robotic and aviation industries to optimize related operations and processes.
The Asia Center in Gyeongsan will be the first overseas branch of AMRC, which currently has 13 branches in the United Kingdom, the province explained.
AMRC will establish a non-profit foundation for the operation of the new Asia Center, ad begin work on the center design, human resource cultivation, and technology transfers.
The province and city will pay for the site and construction expenses.
For the necessary equipment, the province plans secure national funding by applying for designation as a national project.
North Gyeongsang Governor Kim Kwan-Yong noted, "A system for exchanging advanced technologies and cultivating human resources urgently needs to be built for in order to nurture the carbon industry," adding, "the technological prowess in carbon industry fields will be enhanced in connection with smart factor systems."
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (Dec. 13, 2017)
** This article was translated from the Korean.