Gangwon Province to Focus on Four Key Strategies Including Building an Export Ecosystem
Visit to UBiologics, Achiever of 100 Million Dollars in Exports
Targeting the Global Market With Bio and Medical Devices
Gangwon Special Self-Governing Province (Governor Kim Jin-tae) visited export company sites, announced the "Gangwon Export Future Vision 30·40," and listened to the suggestions of export companies.
Governor Jin-tae Kim of Gangwon Special Self-Governing Province visited export companies on the 3rd and announced the "Gangwon Export Future Vision 3040." Provided by Gangwon Province
The company site visited this time was the second factory of EuBiologics Co., Ltd., located in Dongsan-myeon, Chuncheon. EuBiologics currently operates both first and second factories in Chuncheon, with its main export product being the oral cholera vaccine.
After recording exports of 47 million dollars in 2024, the company saw a significant increase to 111 million dollars in 2025, and was awarded the 100 Million Dollar Export Tower on Trade Day last year.
Governor Kim Jin-tae stated at the event, "During the final review for the designation as a bio-specialized zone, EuBiologics presented its investment plan worth 1.2 trillion won, which greatly contributed to its final selection." He added, "Thanks to EuBiologics achieving 100 million dollars in exports, Gangwon Province was also able to reach 3 billion dollars in exports. If you share what is needed at the company level to achieve 4 billion dollars in exports by 2030, we will actively support you."
The "Gangwon Export Future Vision 30·40," announced on this occasion, is a mid- to long-term strategy to make 2026 the first year of a second leap in exports, aiming to achieve 4 billion dollars in exports by 2030. The province recorded its highest ever annual export volume of 3.06 billion dollars (approximately 4.5 trillion won) last year and now plans to reach 3.2 billion dollars in 2026.
Exports in January this year also showed an upward trend, reaching 215.49 million dollars, a 12% increase compared to the same period last year, marking the second-highest figure since 2022.
To achieve these goals, the province is focusing on four key strategies: building an export ecosystem, fostering strategic items, expanding global markets, and strengthening risk management. The related budget for this year is set at 11.6 billion won, an increase of 8.1 billion won from last year, and a total of 58.5 billion won will be strategically invested from 2026 to 2030 over five years.
First, the province will build an export company growth ecosystem through step-by-step support tailored to company size and export capacity. The export base will be expanded with customized support for domestic-focused and beginner companies, promising companies, growing companies, and global small giants.
Second, participation in international exhibitions will be expanded to strengthen overseas competitiveness, and high value-added strategic items such as medical devices and bio products, as well as consumer goods like cosmetics, will be intensively fostered to enhance global competitiveness.
Third, the province will expand its global market territory. It aims to reduce dependence on the United States and China, develop new markets such as Central Asia, and combine overseas exhibitions with online platforms to overcome the limitations of physical distance.
Fourth, the risk management system will be strengthened. In response to changes in the trade environment, such as tariff risks related to the United States, the province will provide emergency funds, establish a joint support center for export difficulties, and expand support for logistics and export insurance to help stabilize business operations.
The province aims to achieve 4 billion dollars in exports, support 1,200 export companies, increase the share of exports by medium-sized and small companies to 25%, and reach 180 export destination countries by 2030.
At the site, major suggestions included strengthening marketing capabilities to read market trends, enhancing the global competitiveness of manufacturing companies, and expanding the influx of material, component, and equipment companies (known as "Sobu-jang" companies).
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