Building a Cooperative System from Policy Planning to Private Sector Participation
"Linking with the Korea-Japan Public Cooperation Center to Propose Regional Growth Models"
On January 22, Samil PwC announced the official launch of the "Local Government-Large Corporation-University Cooperation Platform," a collaborative system designed to enhance the effectiveness of national balanced growth policies.
This platform is intended to connect the government's "Five Poles, Three Special Zones" national balanced growth policy with the practical needs of regional industries, ensuring more effective integration of policy direction and on-the-ground demand. Unlike previous one-off policy consultations or individual investment attraction approaches, the platform aims for an execution-oriented cooperative structure that covers the entire process-from policy planning and project design to private sector participation. To this end, dedicated personnel will be assigned by local government, by industry (such as semiconductors and artificial intelligence), and by government ministry (including the Ministry of Trade, Industry and Energy; the Ministry of the Interior and Safety; and the Ministry of Economy and Finance), in order to strengthen a specialized and integrated support system.
Through this platform, Samil PwC will provide tailored support services to each stakeholder. For central and local governments, the platform will support policy implementation by offering balanced growth policy planning, project structure design and execution for public contests, public-private partnership (PPP) model development, and linkage with policy finance. For large corporations, it will present opportunities for regional investment and project participation connected to policy finance, based on analysis of regional industrial structures and policy environments. For universities, the platform envisions contributing to the development of local industrial ecosystems through the operation of contract-based departments, industry-academia cooperation, technology commercialization, and the cultivation of regionally tailored talent.
In particular, regarding the National Growth Fund scheduled for launch by the government in June or July, Samil PwC plans to expand systematic and professional support for regional industry and investment projects, leveraging its understanding of the system and its support experience.
Notably, the platform will also apply proven Japanese local government public-private partnership cases to the domestic context by linking with the existing "PwC Korea-Japan Public Cooperation Center." By serving as both the head of the Korea-Japan Public Cooperation Center and co-leader of this new platform, Partner Kim Byungil of Samil PwC is expected to incorporate Japanese expertise in public-private cooperation and regional industrial development into the domestic cooperation model. In particular, for issues such as overlapping work and coordination problems arising from recent regional integration processes among metropolitan governments, the platform will analyze similar overseas cases and best practices from the private sector to propose rational solutions.
Partner Kim stated, "The goal of this cooperation platform is to create an actionable collaborative structure that connects policy direction with the needs of local industries, based on practical cases and experience. By utilizing both domestic cases of local government and corporate cooperation and the public-private partnership and regional industrial development experience accumulated through the PwC Korea-Japan Public Cooperation Center, we aim to present feasible models tailored to each region’s circumstances and contribute to balanced regional growth."
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