Cooperation and Development Among Companies in Steel-Related Industries
[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] The Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sang-rak, hereinafter referred to as Gwangyang Economic Authority) announced that on the 9th, it held the ‘2022 Gwangyang Economic Authority Investment Intention Companies Meeting’ to facilitate information exchange among participating companies, discuss the revitalization of industrial complexes, and listen to difficulties related to investment.
At the meeting, companies intending to invest in the Hwanggeum Industrial Complex, which produces steel structures, plants, and container houses, attended to introduce their company status and products. A free discussion was held on the revitalization of the industrial complex and the development of the steel industry ecosystem.
The steel industry is a traditional main sector of the Gwangyang Bay Area, based on POSCO Gwangyang Steelworks. The Gwangyang Economic Authority is attracting and supporting related companies to develop the existing steel industry into an advanced new material future industry.
The preferred Hwanggeum Industrial Complex is located at 1031-5 Hwanggeum-dong, Gwangyang, covering an area of 1,115,000 ㎥ (approximately 337,000 pyeong). It is adjacent to Gwangyang Port.
Additionally, it has a well-established metropolitan transportation network, making logistics cost reduction and procurement of raw materials easy.
Song Sang-rak, Commissioner of the Gwangyang Economic Authority, said, “We will continue to provide support to resolve difficulties related to investment and to revitalize the industrial complex.”
Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr
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