2024-06-22 07:10:26
The primary within the nation to win all three main authorities particular zones!
Attracting KRW 555 billion in large-scale company funding, together with SK Bioscience and Yuhan Well being & Dwelling!
In keeping with Andong Metropolis (Mayor Ki-chang Kwon), the Ministry of Commerce, Trade and Power has designated Andong as a particular alternative improvement zone following deliberation and determination by the Presidential Native Committee held on June 20.
As Andong Metropolis was designated as a particular alternative improvement zone, the plan to create a particular cultural zone was permitted, and following the designation as a pilot zone for instructional improvement particular zone, it achieved the feat of turning into the primary native authorities within the nation to dominate all three main particular zones promoted by the federal government.
Particular Alternative Improvement Zones are zones that present a package deal of tax and monetary assist, regulatory particular provisions, and enchancment of residential situations with the intention to entice large-scale funding by firms in native areas. When native governments seek the advice of with firms planning to speculate and apply, the Native Space Committee deliberates. ·Designated by the Minister of Commerce, Trade and Power after decision.
Andong Metropolis focuses on the native specialised industries of bio, vaccine and hemp industries, in addition to the vaccine manufacturing amenities of anchor firm SK Bioscience Co., Ltd., and the manufacturing amenities of Yuhan Well being & Dwelling Co., Ltd. and Daewoong Therapeutics Co., Ltd., in addition to Gyeongbuk Bio’s secondary common {industry} within the space of Maegok-ri, Pungsan-eup, Andong-si. An utility was made for designation as a particular alternative improvement zone primarily based on an space of roughly 70,000 pyeong inside the complicated and a complete new funding of KRW 555 billion.
In February, Andong Metropolis submitted a plan for Andong District Alternative Improvement Particular Zone to Gyeongbuk Province along with native Nationwide Meeting member Kim Hyeong-dong with the intention to designate it as an Alternative Improvement Particular Zone, primarily based on attracting company funding. Afterwards, it was designated as an Alternative Improvement Particular Zone via associated authorized procedures corresponding to written evaluation by the provincial working committee, Gyeongbuk Regional Committee, and Ministry of Commerce, Trade and Power, on-site inspection, working committee, and eventually deliberation and determination by the Presidential Regional Committee.
With the designation of this particular zone, Andong Metropolis will set up an modern development base for the bio, vaccine and hemp industries and lay the inspiration for main the long run cutting-edge bio {industry}, creating an “industry-academia-government-research cooperation ecosystem” for the bio, vaccine and hemp industries. Together with the creation, the scope can be expanded to incorporate the Andong Bio-Life Nationwide Industrial Complicated, which can be constructed sooner or later, and it’s anticipated that it’ll obtain nice momentum in attracting funding from associated firms.
Particularly, it’s the first native authorities to beat the extinction of native areas, in addition to the achievement of being designated in all three particular zones that the federal government is specializing in inside two years of the launch of the eighth popularly elected {industry}, specializing in regional specialised industries corresponding to bio, vaccine and hemp industries. The mannequin development is anticipated to open a brand new native period and enormously contribute to revitalizing the native economic system.
Andong Metropolis is designated as a particular alternative improvement zone to create new high quality jobs via company funding, as a particular schooling improvement zone, it fosters native modern expertise via innovation in public schooling and permits them to settle within the area, and as a particular cultural zone, it gives high-quality residential situations for native staff. The mixed impact of the three particular zones, corresponding to offering As well as, we plan to spare no effort in administrative assist to appreciate a brand new native period with a neighborhood settlement mannequin by which native youth work and settle within the space.
Andong Mayor Kwon Ki-chang mentioned, “With the designation as a particular alternative improvement zone, Andong Metropolis has laid the inspiration to leap ahead as a worldwide bio, vaccine and hemp {industry} hub in title and actuality.” He added, “We are going to foster specialised industries that develop along with the area, and create three particular zones.” “By this connection, we’ll open a brand new period of native governments as the primary native authorities mannequin to beat the disaster of native extinction corresponding to inhabitants decline and outflow of native expertise,” he mentioned.
Economic system Queen Reporter Hongmi Kim / Picture Andong Metropolis
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2024-06-22 07:10:26