Economic Development in Gwangju 》Gwangju’s Next-Generation Industries

Story

Gwangju City has heavily invested in the next-generation industries to boost the local economy, in particular looking at eco-friendly vehicles.
In 2021, the Gwangju Global Motors Co. Ltd. was established as joint venture manufacturing plant between Hyundai Motor Company and the Gwangju city government.
In 2023, the Gwangju High Tech Industry Park was announced as part of a national plan to foster high-tech industries. The park will focus on localizing core parts for future vehicles and developing advanced technologies.
There are also the Bitgreen National Industrial Complex, the Jingok Industrial Complex and the High-tech District in Bukgu. There are also R&D institutes are concentrated in the Chumdan District, including the Gwangju Institute of Science and Technology (GIST), Gwangju Technopark and the Gwangju regional branch of the Korea Electronics Technology Institute (KETI). Together, these form the Gwangju Automobile Industrial Valley.<ref>KOTRA. "Korea’s parts and materials sectors remain strong thanks to Gwangju and Yeongcheon City." Invest Korea Summit 2024. https://ikw.kotra.biz/page/region.do?city=gwangju&n=3<ref>

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S2023-213d	Story	Episode		Gwangju’s Next-Generation Industries			Gwangju’s Next-Generation Industries	http://dh.aks.ac.kr/~gwangju/wiki/index.php/S2023-213d	http://dh.aks.ac.kr/~gwangju/icon/episode.png