Saneun and Korea Institute for Industrial Economics & Trade Hold Joint Seminar on 'Core Industry Value Chain'

Discussion on Six Industries Including Drones and Automobiles

Before the 'Core Industry Value Chain Analysis and Diagnosis' seminar held on the 25th at the Industrial Bank of Korea headquarters in Yeouido, Seoul, a commemorative photo was taken with Dong-geol Lee, Chairman of the Industrial Bank of Korea (6th from the left), and Hyun Joo, President of the Korea Institute for Industrial Economics and Trade (2nd from the left).

[Asia Economy Reporter Jin-ho Kim] The Korea Development Bank (KDB) and the Korea Institute for Industrial Economics and Trade (KIET) announced on the 24th that they held a joint seminar at the KDB headquarters in Yeouido, Seoul, under the theme of "Core Industry Value Chain Analysis and Diagnosis."

The seminar was organized to discuss measures to strengthen support for core industries and the materials, parts, and equipment (SoBuJang) sectors, as well as ways to solidify the domestic value chain (supply chain), amid the rapid restructuring of global supply chains due to COVID-19 and the accelerating transition to a digital economy.

At the seminar, which covered a total of six industrial sectors, KDB presented on two sectors: "Drones" and "Pharmaceuticals." KIET presented on four sectors: "Automobiles," "Shipbuilding," "Industrial Robots," and "3D Printing."

A KDB official explained, "This was an opportunity for KDB, which has strengths in micro-level corporate analysis, and KIET, which has extensive research experience across industries, to share their analytical capabilities in the value chain (supply chain) sectors of Korea's core industries."