Hong Nampyo, Changwon Special City Mayor, Encourages Record High Production Value Achieved at Changwon National Industrial Complex

Attendance at the Changwon National Industrial Complex Managers’ Association Chairman Inauguration and Retirement Ceremony

Hong Nampyo, Mayor of Changwon Metropolitan City, Gyeongnam, attended the ‘Changwon National Industrial Complex Managers’ Association Chairman Inauguration and Retirement Ceremony’ on the 24th, where he encouraged business leaders working for regional economic development and discussed ways to cooperate.

Hong Nampyo, Mayor of Changwon Special City, is delivering a greeting speech at the inauguration and retirement ceremony of the Chairman of Changwon National Industrial Complex.

The Changwon National Industrial Complex Managers’ Association was established in 1995 and currently has over 100 member companies actively working for the growth and development of the Changwon National Industrial Complex. At the event, Shin Gi-su was succeeded as the 9th chairman, and Cho Dae-ik, CEO of Gwangam Jungjeon-gi, was inaugurated as the 10th chairman.

In his congratulatory speech, Hong Nampyo, Mayor of Changwon Metropolitan City, said, “Thanks to the Changwon National Industrial Complex recording a historic highest production value of 62 trillion won last year, Changwon’s export volume reached its highest level since 2012, and the trade balance surplus ranked fifth nationwide, firmly establishing its status as Korea’s top manufacturing city.” He expressed gratitude for the passion of the business leaders.

He added, “Since the inauguration of the Trump administration in the United States, economic conditions have been more challenging than ever due to tariff measures, high interest rates, and high exchange rates. However, let us wisely overcome these difficulties together with the city.” He also stated, “We will strengthen corporate competitiveness through AI-based autonomous manufacturing systems and rapid digital transformation, and will spare no administrative and financial support to help small and medium-sized enterprises acquire and apply new technologies.”